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Monster Beverage Corp — Director's Dealing 2014
Sep 4, 2014
29955_dirs_2014-09-03_16a90e5e-aaec-460a-9bcb-aae080d384f0.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: 2014-09-01
Reporting Person: HALL MARK J (Director, President-Monster Beverage Div)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-09-01 | Common Stock | M | 5000 | — | Acquired | 263936 | Direct |
| 2014-09-02 | Common Stock | M | 80000 | $17.82 | Acquired | 343936 | Direct |
| 2014-09-02 | Common Stock | M | 20000 | $26.26 | Acquired | 363936 | Direct |
| 2014-09-02 | Common Stock | M | 10000 | $47.13 | Acquired | 373936 | Direct |
| 2014-09-02 | Common Stock | S | 105588 | $90.153 | Disposed | 268348 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-09-02 | Employee Stock Option (right to buy) | $17.82 | M | 80000 | Disposed | 2019-12-01 | Common Stock (400000) | Direct |
| 2014-09-02 | Employee Stock Option (right to buy) | $26.26 | M | 20000 | Disposed | 2020-12-01 | Common Stock (100000) | Direct |
| 2014-09-02 | Employee Stock Option (right to buy) | $47.13 | M | 10000 | Disposed | 2023-03-14 | Common Stock (100000) | Direct |
| 2014-09-01 | Restricted Stock Units | $ | M | 5000 | Disposed | Common Stock (25000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $70.06 | 2024-03-14 | Common Stock (30000) | 30000 | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock.
F2: This transaction was executed in multiple trades at prices ranging from $90.00 to $90.78. 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.
F3: The remaining options vest on December 1, 2014.
F4: The remaining options vest in two equal installments on December 1, 2014 and 2015.
F5: The remaining options vest in four installments as follows: 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.
F6: The options vest in five installments as follows: 3,000 shares on March 14, 2015; 4,500 shares on March 14, 2016; 6,000 shares on March 14, 2017; 7,500 shares on March 14, 2018; 9,000 shares on March 14, 2019. The options will become exercisable on the one year anniversary from the date on which they vested.
F7: 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.
F8: The remaining restricted stock units vest in two equal installments on September 1, 2015 and 2016.
F9: Not applicable.