Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Monster Beverage Corp Director's Dealing 2013

Mar 19, 2013

29955_dirs_2013-03-18_c7fa349e-dc46-4f2c-93b9-dff066a47b3c.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Monster Beverage Corp (MNST)
CIK: 0000865752
Period of Report: 2013-03-14

Reporting Person: HALL MARK J (President-Monster Beverage Div)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2013-03-14 Common Stock M 6304 $15.86 Acquired 266906 Direct
2013-03-14 Common Stock M 40000 $26.26 Acquired 306906 Direct
2013-03-14 Common Stock S 46304 $47.16 Disposed 260602 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2013-03-14 Employee Stock Option (right to buy) $15.86 M 6304 Disposed 2018-06-02 Common Stock (600000) Direct
2013-03-14 Employee Stock Option (right to buy) $26.26 M 40000 Disposed 2020-12-01 Common Stock (100000) Direct
2013-03-14 Employee Stock Option (right to buy) $47.13 A 100000 Acquired 2023-03-14 Common Stock (100000) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $17.82 2019-12-01 Common Stock (400000) 320000 Direct
Restricted Stock Units $ Common Stock (25000) 20000 Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $47.07 to $47.26. 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.

F2: The options are currently vested with respect to 113,696 shares. The remaining options vest on June 2, 2013.

F3: The options are currently vested with respect to 160,000 shares. The remaining options vest in two equal installments on December 1, 2013 and 2014.

F4: The remaining options vest in three equal installments on December 1, 2013, 2014 and 2015.

F5: The restricted stock was 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.

F6: The remaining restricted stock units vest in four equal installments on September 1, 2013, 2014, 2015 and 2016.

F7: Not applicable.

F8: Granted March 14, 2013 pursuant to the Company's 2011 Stock Option Plan (which is a Rule 16b-3(d)(1) plan) and Equity Grant Procedures. The options vest in five installments as follows: 10,000 shares on March 14, 2014; 15,000 shares on March 14, 2015; 20,000 shares on March 14, 2016; 25,000 shares on March 14, 2017; 30,000 shares on March 14, 2018.