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Monster Beverage Corp — Director's Dealing 2013
Mar 19, 2013
29955_dirs_2013-03-18_c7fa349e-dc46-4f2c-93b9-dff066a47b3c.zip
Director's Dealing
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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.