AI assistant
Monster Beverage Corp — Director's Dealing 2015
Jun 15, 2015
29955_dirs_2015-06-15_30c6ed3b-d51a-4628-b9eb-194f49be2810.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: 2015-06-12
Reporting Person: SACKS RODNEY C (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-06-12 | Common Stock | A | 983464 | — | Acquired | 983464 | Direct |
| 2015-06-12 | Common Stock | A | 1881856 | — | Acquired | 1881856 | Indirect |
| 2015-06-12 | Common Stock | A | 9815648 | — | Acquired | 9815648 | Indirect |
| 2015-06-12 | Common Stock | A | 34924 | — | Acquired | 34924 | Indirect |
| 2015-06-12 | Common Stock | A | 71428 | — | Acquired | 71428 | Indirect |
| 2015-06-12 | Common Stock | A | 107900 | — | Acquired | 107900 | Indirect |
| 2015-06-12 | Common Stock | A | 40072 | — | Acquired | 40072 | Indirect |
| 2015-06-12 | Common Stock | A | 189528 | — | Acquired | 189528 | Indirect |
| 2015-06-12 | Common Stock | A | 151148 | — | Acquired | 151148 | Indirect |
| 2015-06-12 | Common Stock | A | 83306 | — | Acquired | 83306 | Indirect |
| 2015-06-12 | Common Stock | A | 168414 | — | Acquired | 168414 | Indirect |
| 2015-06-12 | Common Stock | A | 153534 | — | Acquired | 153534 | Indirect |
| 2015-06-12 | Common Stock | A | 727354 | — | Acquired | 727354 | Indirect |
| 2015-06-12 | Common Stock | A | 2000000 | — | Acquired | 2000000 | Indirect |
| 2015-06-12 | Common Stock | A | 287736 | — | Acquired | 287736 | Indirect |
| 2015-06-12 | Common Stock | A | 77121 | — | Acquired | 77121 | Indirect |
| 2015-06-12 | Common Stock | A | 35162 | — | Acquired | 35162 | Indirect |
| 2015-06-12 | Common Stock | A | 1612 | — | Acquired | 1612 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-06-12 | Employee Stock Option (right to buy) | $8.435 | A | 960000 | Acquired | 2015-11-11 | Common Stock (960000) | Direct |
| 2015-06-12 | Employee Stock Option (right to buy) | $15.86 | A | 18912 | Acquired | 2018-06-02 | Common Stock (18912) | Direct |
| 2015-06-12 | Employee Stock Option (right to buy) | $17.82 | A | 100000 | Acquired | 2019-12-01 | Common Stock (100000) | Direct |
| 2015-06-12 | Employee Stock Option (right to buy) | $53.96 | A | 140000 | Acquired | 2023-06-03 | Common Stock (140000) | Direct |
| 2015-06-12 | Employee Stock Option (right to buy) | $53.96 | A | 70000 | Acquired | 2023-06-03 | Common Stock (70000) | Indirect |
| 2015-06-12 | Employee Stock Option (right to buy) | $70.06 | A | 210000 | Acquired | 2024-03-14 | Common Stock (210000) | Direct |
| 2015-06-12 | Employee Stock Option (right to buy) | $135.48 | A | 79200 | Acquired | 2025-03-13 | Common Stock (79200) | Direct |
| 2015-06-12 | Restricted Stock Units | $ | A | 38100 | Acquired | Common Stock (38100) | Direct |
Footnotes
F1: On June 12, 2015, Monster Beverage Corporation completed a holding company reorganization in which Monster Beverage Corporation ("Old Monster") merged with and into a wholly-owned subsidiary of New Laser Corporation (which has been renamed Monster Beverage Corporation) ("New Monster") with Old Monster continuing as the surviving corporation and as a wholly-owned subsidiary of New Monster (the "Holding Company Reorganization"). In the Holding Company Reorganization, each outstanding common share of Old Monster was disposed of in exchange for one common share of New Monster, and all Old Monster restricted stock units and stock options were disposed of in exchange for an equal number of New Monster restricted stock units and stock options, respectively.
F2: In connection with the transactions consummated on June 12, 2015, immediately after the effective time of the Holding Company Reorganization, New Monster issued to The Coca-Cola Company newly issued common shares of New Monster representing approximately 16.7% of the total number of outstanding New Monster common shares (giving effect to such issuance).
F3: The reporting person is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, 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., 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.
F4: The options are currently vested.
F5: The options are currently vested with respect to 70,000 shares. The remaining options vest on June 3, 2016.
F6: The options are currently vested with respect to 70,000 shares. The remaining options vest in two equal installments on March 14, 2016 and 2017.
F7: The options vest in three equal installments on March 13, 2016, 2017 and 2018.
F8: 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.
F9: The options vest in three equal installments on March 13, 2016, 2017 and 2018.
F10: Not applicable.