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Monster Beverage Corp — Director's Dealing 2019
Nov 27, 2019
29955_dirs_2019-11-27_a71d840c-ae07-4695-9f05-b4605ee81111.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: 2019-11-25
Reporting Person: Tirre Emelie (President of the Americas)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-11-25 | Common Stock | M | 10500 | $15.71 | Acquired | 63101 | Direct |
| 2019-11-25 | Common Stock | M | 4281 | $23.35 | Acquired | 67382 | Direct |
| 2019-11-25 | Common Stock | S | 10500 | $58.58 | Disposed | 56882 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-11-25 | Employee Stock Option (right to buy) | $15.71 | M | 10500 | Acquired | 2023-03-14 | Common Stock (10500) | Direct |
| 2019-11-25 | Employee Stock Option (right to buy) | $23.35 | M | 4281 | Acquired | 2024-03-14 | Common Stock (4281) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $37.1 | 2024-12-01 | Common Stock () | 45000 | Direct |
| Employee Stock Option (right to buy) | $45.16 | 2025-03-13 | Common Stock () | 45000 | Direct |
| Employee Stock Option (right to buy) | $43.99 | 2026-03-14 | Common Stock () | 60000 | Direct |
| Employee Stock Option (right to buy) | $43.64 | 2026-12-01 | Common Stock () | 100000 | Direct |
| Employee Stock Option (right to buy) | $46.27 | 2027-03-14 | Common Stock () | 40000 | Direct |
| Employee Stock Option (right to buy) | $58.73 | 2028-03-14 | Common Stock () | 50000 | Direct |
| Employee Stock Option (right to buy) | $51.5 | 2028-06-01 | Common Stock () | 25000 | Direct |
| Employee Stock Option (right to buy) | $59.67 | 2029-03-14 | Common Stock () | 25000 | Direct |
| Restricted Stock Units | $ | Common Stock () | 12000 | Direct | |
| Restricted Stock Units | $ | Common Stock () | 8500 | Direct |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $58.50 to $58.66. 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.
F2: The options are fully vested.
F3: The options are currently vested with respect to 31,500 shares. The remaining options vest on December 1, 2019.
F4: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5: The options are currently vested with respect to 31,500 shares. The remaining options vest on March 13, 2020.
F6: The options are currently vested with respect to 27,000 shares. The remaining options vest in two installments as follows: 15,000 shares on March 14, 2020 and 18,000 shares on March 14, 2021.
F7: The options are currently vested with respect to 25,000 shares. The remaining options vest in three installments as follows: 20,000 shares on December 1, 2019; 25,000 shares on December 1, 2020; 30,000 shares on December 1, 2021.
F8: The options are currently vested with respect to 10,000 shares. The remaining options vest in three installments as follows: 8,000 shares on March 14, 2020; 10,000 shares on March 14, 2021; 12,000 shares on March 14, 2022.
F9: The options are currently vested with respect to 5,000 shares. The remaining options vest in four installments as follow: 7,500 shares on March 14, 2020; 10,000 shares on March 14, 2021; 12,500 shares on March 14, 2022; 15,000 shares on March 14, 2023.
F10: The options vest in three installments as follows: 8,334 shares on June 1, 2021; 8,333 shares on June 1, 2022; 8,333 shares on June 1, 2023.
F11: The options vest in five installments as follows: 2,500 shares on March 14, 2020; 3,750 shares on March 14, 2021; 5,000 shares on March 14, 2022; 6,250 shares on March 14, 2023; 7,500 shares on March 14, 2024.
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 restricted stock units vest in four equal installments on June 1, 2020, 2021, 2022 and 2023.
F14: Not applicable.
F15: The restricted stock units vest in five installments as follows: 850 units on March 14, 2020; 1,275 units on March 14, 2021; 1,700 units on March 14, 2022; 2,125 units on March 14, 2023; 2,550 shares on March 14, 2024.