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Monster Beverage Corp — Director's Dealing 2016
Mar 24, 2016
29955_dirs_2016-03-23_e8946a8e-7573-476f-bd58-207e8233811a.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: 2016-03-21
Reporting Person: SCHLOSBERG HILTON H (Director, Vice Chairman and President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-21 | Common Stock | J | 84859 | — | Disposed | 1482744 | Direct |
| 2016-03-22 | Common Stock | G | 207350 | — | Acquired | 1690094 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-03-22 | Employee Stock Option (right to buy) | $15.86 | G | 62705 | Acquired | 2018-06-02 | Common Stock (62705) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1881856 | Indirect |
| Common Stock | 9795648 | Indirect |
| Common Stock | 34924 | Indirect |
| Common Stock | 71428 | Indirect |
| Common Stock | 107900 | Indirect |
| Common Stock | 40072 | Indirect |
| Common Stock | 189528 | Indirect |
| Common Stock | 151148 | Indirect |
| Common Stock | 83306 | Indirect |
| Common Stock | 168414 | Indirect |
| Common Stock | 153534 | Indirect |
| Common Stock | 727354 | Indirect |
| Common Stock | 1823322 | Indirect |
| Common Stock | 233628 | Indirect |
| Common Stock | 30068 | Indirect |
| Common Stock | 68438 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $17.82 | 2019-12-01 | Common Stock () | 100000 | Direct |
| Employee Stock Option (right to buy) | $53.96 | 2023-06-03 | Common Stock () | 140000 | Direct |
| Employee Stock Option (right to buy) | $53.96 | 2023-06-03 | Common Stock () | 70000 | Indirect |
| Employee Stock Option (right to buy) | $70.06 | 2024-03-14 | Common Stock () | 210000 | Direct |
| Employee Stock Option (right to buy) | $135.48 | 2025-03-13 | Common Stock () | 79200 | Direct |
| Employee Stock Option (right to buy) | $131.96 | 2026-03-24 | Common Stock () | 105000 | Direct |
| Restricted Stock Units | $ | Common Stock () | 25400 | Direct | |
| Restricted Stock Units | $ | Common Stock () | 39000 | Direct |
Footnotes
F1: Represents shares transferred from the reporting person to a grantor retained annuity trust with an independent trustee in satisfaction of a loan made by such grantor retained annuity trust to the reporting person in connection with the payment of taxes.
F2: The aggregate amount of principal and accrued interest outstanding on such loan was approximately $11.6 million. The number of shares transferred to the grantor retained annuity trust was calculated based on $136.615, which was the average trading price of the issuer's common stock on March 18, 2016.
F3: Represents shares transferred to the reporting person as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust with an independent trustee.
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 co-trustee of RCS 2008 GRAT #2 and the trustee of RCS Direct 2011 GRAT.
F5: Represents options transferred to the reporting person as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust with an independent trustee.
F6: The options are currently vested.
F7: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F8: The options are currently vested with respect to 70,000 shares. The remaining options vest on June 3, 2016.
F9: The options are currently vested with respect to 140,000 shares. The remaining options vest on March 14, 2017.
F10: The options are currently vested with respect to 26,400 shares. The remaining options vest in two equal installments on March 14, 2017 and 2018.
F11: The options vest in three equal installments on March 14, 2017, 2018 and 2019.
F12: 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.
F13: The remaining restricted stock units vest in two equal installments on March 13, 2017 and 2018.
F14: Not applicable.
F15: The restricted stock units vest in three equal installments on March 14, 2017, 2018 and 2019.