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Monster Beverage Corp — Director's Dealing 2015
Jan 9, 2015
29955_dirs_2015-01-08_119e291f-ea4e-4104-8ddb-fc4a08e853a3.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: 2015-01-06
Reporting Person: SACKS RODNEY C (Director, Chairman and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-01-07 | Common Stock | M | 1156884 | $3.294 | Acquired | 1183060 | Direct |
| 2015-01-07 | Common Stock | F | 555740 | $115.96 | Disposed | 627320 | Direct |
| 2015-01-08 | Common Stock | G | 34390 | — | Acquired | 661710 | Direct |
| 2015-01-06 | Common Stock | S | 9913 | $110.45 | Disposed | 75011 | Indirect |
| 2015-01-06 | Common Stock | S | 23504 | $111.64 | Disposed | 51507 | Indirect |
| 2015-01-06 | Common Stock | S | 13306 | $112.28 | Disposed | 38201 | Indirect |
| 2015-01-06 | Common Stock | S | 3277 | $113.41 | Disposed | 34924 | Indirect |
| 2015-01-06 | Common Stock | S | 9913 | $110.45 | Disposed | 147987 | Indirect |
| 2015-01-06 | Common Stock | S | 23504 | $111.64 | Disposed | 124483 | Indirect |
| 2015-01-06 | Common Stock | S | 13306 | $112.28 | Disposed | 111177 | Indirect |
| 2015-01-06 | Common Stock | S | 3277 | $113.41 | Disposed | 107900 | Indirect |
| 2015-01-07 | Common Stock | M | 289370 | $3.294 | Acquired | 578740 | Indirect |
| 2015-01-07 | Common Stock | F | 145502 | $115.96 | Disposed | 289736 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-01-07 | Employee Stock Option (right to buy) | $3.294 | M | 1156884 | Disposed | 2015-03-23 | Common Stock (2110630) | Direct |
| 2015-01-07 | Employee Stock Option (right to buy) | $3.294 | M | 289370 | Disposed | 2015-03-23 | Common Stock (289370) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1881856 | Indirect |
| Common Stock | 9815648 | Indirect |
| Common Stock | 71428 | 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 | 800000 | Indirect |
| Common Stock | 2000000 | 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) | $8.435 | 2015-11-11 | Common Stock (1200000) | 960000 | Direct |
| Employee Stock Option (right to buy) | $15.86 | 2018-06-02 | Common Stock (800000) | 18912 | Direct |
| Employee Stock Option (right to buy) | $17.82 | 2019-12-01 | Common Stock (500000) | 100000 | 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 |
Footnotes
F1: Represents shares transferred from an existing grantor retained annuity trust to the reporting person as the proceeds of an in-kind annuity payment from such existing grantor retained annuity trust.
F2: Sale of shares pursuant to a Rule 10b5-1 trading plan adopted December 12, 2014.
F3: This transaction was executed in multiple trades at prices ranging from $110.00 to $110.98. 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 of a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F4: 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.
F5: This transaction was executed in multiple trades at prices ranging from $111.01 to $112.01. 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 of a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F6: This transaction was executed in multiple trades at prices ranging from $112.02 to $113.005. 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 of a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F7: This transaction was executed in multiple trades at prices ranging from $113.035 to $113.965. 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 of a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F8: Includes 289,370 shares of Common Stock received pursuant to the January 7, 2015 exercise of options previously assigned to Hilrod Holdings XV, L.P. by Hilton H. Schlosberg.
F9: Includes 145,502 shares of Common Stock withheld by the issuer in connection with the January 7, 2015 exercise of options previously assigned to Hilrod Holdings XV, L.P. by Hilton H. Schlosberg.
F10: The options are currently vested.
F11: The remaining options vest in two equal installments on June 3, 2015 and 2016.
F12: The options vest in three equal installments on March 3, 2015, 2016 and 2017.