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Monster Beverage Corp — Director's Dealing 2014
Aug 19, 2014
29955_dirs_2014-08-18_778e1b93-c6ea-4868-a899-397fb57e437c.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: 2014-04-03
Reporting Person: SACKS RODNEY C (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-04-03 | Common Stock | G | 400000 | — | Disposed | 1185901 | Direct |
| 2014-05-08 | Common Stock | G | 200000 | — | Disposed | 1027404 | Direct |
| 2014-08-01 | Common Stock | G | 1000000 | — | Disposed | 32477 | Direct |
| 2014-04-03 | Common Stock | G | 800000 | — | Acquired | 800000 | Indirect |
| 2014-08-01 | Common Stock | G | 2000000 | — | Acquired | 2000000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-05-07 | Employee Stock Option (right to buy) | $3.294 | G | 458636 | Disposed | 2015-03-23 | Common Stock (2110630) | Direct |
| 2014-05-07 | Employee Stock Option (right to buy) | $15.86 | G | 307392 | Disposed | 2018-06-02 | Common Stock (800000) | Direct |
| 2014-05-07 | Employee Stock Option (right to buy) | $17.82 | G | 200000 | Disposed | 2019-12-01 | Common Stock (500000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1881856 | Indirect |
| Common Stock | 9815648 | Indirect |
| Common Stock | 4 | Indirect |
| Common Stock | 4 | Indirect |
| Common Stock | 184924 | Indirect |
| Common Stock | 71428 | Indirect |
| Common Stock | 257900 | Indirect |
| Common Stock | 40072 | Indirect |
| Common Stock | 189528 | Indirect |
| Common Stock | 401148 | Indirect |
| Common Stock | 83306 | Indirect |
| Common Stock | 168414 | Indirect |
| Common Stock | 170356 | Indirect |
| Common Stock | 77121 | Indirect |
| Common Stock | 35162 | Indirect |
| Common Stock | 1612 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $3.294 | 2015-03-23 | Common Stock (289370) | 289370 | Indirect |
| Employee Stock Option (right to buy) | $8.435 | 2015-11-11 | Common Stock (1200000) | 960000 | Direct |
| Employee Stock Option (right to buy) | $53.96 | 2023-06-03 | Common Stock (140000) | 140000 | Direct |
| Employee Stock Option (right to buy) | $53.96 | 2023-06-03 | Common Stock (70000) | 70000 | Indirect |
| Employee Stock Option (right to buy) | $70.06 | 2024-03-14 | Common Stock (210000) | 210000 | Direct |
| Restricted Stock Units | $ | Common Stock (261000) | 87000 | Direct |
Footnotes
F1: Reflects the assignment of shares from the reporting person to Hilrod Holdings XIII, L.P., of which the reporting person is one of the general partners. The shares assigned to Hilrod Holdings XIII, L.P. are indirectly beneficially owned by the reporting person.
F2: As a result of the distribution of shares, which were previously reported as indirectly beneficially owned by the reporting person, as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust to the reporting person, the total amount of shares directly owned increased prior to this transaction.
F3: Reflects the assignment of shares from the reporting person to a grantor retained annuity trust of which the reporting person is not the beneficial owner.
F4: As a result of the distribution of shares, which were previously reported as indirectly beneficially owned by the reporting person, as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust to the reporting person, the total amount of shares directly owned increased following this transaction.
F5: Reflects the assignment of shares from the reporting person to Hilrod Holdings XIV, L.P., of which the reporting person is one of the general partners. The shares assigned to Hilrod Holdings XIV, L.P. are indirectly beneficially owned by the reporting person.
F6: 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., Hilrod Holdings XII, L.P., Hilrod Holdings XIII, L.P., Hilrod Holdings XIV, L.P. and Hilrod Holdings XV, L.P. The reporting person is the trustee of each of RCS 2009 GRAT #2, RCS Direct 2010 GRAT and RCS Direct 2010 GRAT #2.
F7: Reflects the distribution of shares as the proceeds of an in-kind annuity payment from existing grantor retained annuity trusts and the transfer of shares directly to the reporting person. The shares received from the in-kind annuity payment and direct transfer are directly beneficially owned by the reporting person.
F8: Reflects the assignment of shares from the reporting person and Hilton Schlosberg to Hilrod Holdings XIII, L.P., of which the reporting person is one of the general partners. The shares assigned to Hilrod Holdings XIII, L.P. are indirectly beneficially owned by the reporting person.
F9: Reflects the assignment of shares from the reporting person and Hilton Schlosberg to Hilrod Holdings XIV, L.P., of which the reporting person is one of the general partners. The shares assigned to Hilrod Holdings XIV, L.P. are indirectly beneficially owned by the reporting person.
F10: Reflects the distribution of shares as the proceeds of an in-kind annuity payment from such existing grantor retained annuity trust. The shares received from the in-kind annuity payment are directly beneficially owned by the reporting person.
F11: Reflects the assignment of options to a grantor retained annuity trust of which the reporting person is not the beneficial owner.
F12: The options are currently vested.
F13: The remaining options vest on December 1, 2014.
F14: The remaining options vest in two equal installments on June 3, 2015 and 2016.
F15: The options vest in three equal installments on March 14, 2015, 2016 and 2017.
F16: 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.
F17: The remaining restricted stock units vest on September 1, 2014.
F18: Not applicable.