AI assistant
Monster Beverage Corp — Director's Dealing 2013
Apr 4, 2013
29955_dirs_2013-04-03_097e9366-84c7-4f28-ab52-6ddce89fd24d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Monster Beverage Corp (MNST)
CIK: 0000865752
Period of Report: 2013-04-01
Reporting Person: SACKS RODNEY C (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-04-01 | Common Stock | S | 30000 | $47.58 | Disposed | 1219968 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-03-22 | Employee Stock Option (right to buy) | $.2655 | G | 449868 | Acquired | 2013-05-28 | Common Stock (2400000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1931856 | Indirect |
| Common Stock | 9815648 | Indirect |
| Common Stock | 1415732 | Indirect |
| Common Stock | 6305140 | Indirect |
| Common Stock | 184924 | Indirect |
| Common Stock | 71428 | Indirect |
| Common Stock | 257900 | Indirect |
| Common Stock | 40072 | Indirect |
| Common Stock | 189528 | Indirect |
| Common Stock | 482196 | Indirect |
| Common Stock | 92332 | Indirect |
| Common Stock | 186636 | Indirect |
| Common Stock | 170356 | Indirect |
| Common Stock | 77121 | Indirect |
| Common Stock | 56020 | Indirect |
| Common Stock | 11996 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $3.294 | 2015-03-23 | Common Stock (2400000) | 1904890 | Direct |
| Employee Stock Option (right to buy) | $8.435 | 2015-11-11 | Common Stock (1200000) | 960000 | Direct |
| Employee Stock Option (right to buy) | $15.86 | 2018-06-02 | Common Stock (800000) | 326304 | Direct |
| Employee Stock Option (right to buy) | $17.82 | 2019-12-01 | Common Stock (500000) | 300000 | Direct |
| Restricted Stock Units | $ | Common Stock (261000) | 174000 | Direct |
Footnotes
F1: All sales of Common Stock reported in this Form 4 were transacted by the Reporting Person for tax planning reasons.
F2: Sale of shares pursuant to a Rule 10b-5 trading plan adopted March 14, 2013.
F3: This transaction was executed in multiple trades at prices ranging from $47.17 to $48.04. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4: The reporting person is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, HRS Holdings, L.P., Hilrod Holdings, L.P., Hilrod Holdings IV, L.P., Hilrod Holdings V, L.P., Hilrod Holdings VI, L.P., Hilrod Holdings VII, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings X, L.P., Hilrod Holdings XI, L.P., and Hilrod Holdings XII, L.P. The reporting person is the co-trustee of RCS 2008 GRAT #2 and the trustee of RCS Direct 2011 GRAT.
F5: Reflects the assignment of options to the Reporting Person as the proceeds of in-kind annuity payments from an existing grantor retained annuity trust with an independent trustee.
F6: The options are currently vested.
F7: The options are currently vested with respect to 166,304 shares. The remaining options vest on June 2, 2013.
F8: The options are currently vested with respect to 100,000 shares. The remaining options vest in two equal installments on December 1, 2013 and 2014.
F9: The restricted stock units were granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date.
F10: The remaining restricted stock units vest in two equal installments on September 1, 2013 and 2014.
F11: Not applicable.