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Monster Beverage Corp — Director's Dealing 2019
May 24, 2019
29955_dirs_2019-05-23_2af6a60e-d9ce-442b-9105-de74335b2c16.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: 2019-05-21
Reporting Person: KELLY THOMAS J (EVP Finance Monster Energy Co.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-21 | Common Stock | M | 19089 | $15.71 | Acquired | 28740 | Direct |
| 2019-05-21 | Common Stock | F | 4704 | $63.74 | Disposed | 24036 | Direct |
| 2019-05-21 | Common Stock | M | 4281 | $23.35 | Acquired | 28317 | Direct |
| 2019-05-21 | Common Stock | F | 1568 | $63.74 | Disposed | 26749 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-21 | Employee Stock Option (right to buy) | $15.71 | M | 19089 | Disposed | 2023-03-14 | Common Stock (19089) | Direct |
| 2019-05-21 | Employee Stock Option (right to buy) | $23.35 | M | 4281 | Disposed | 2024-03-14 | Common Stock (4281) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $37.10 | 2024-12-01 | Common Stock () | 45000 | Direct |
| Employee Stock Option (right to buy) | $45.16 | 2025-03-13 | Common Stock () | 36000 | Direct |
| Employee Stock Option (right to buy) | $43.99 | 2026-03-14 | Common Stock () | 37500 | Direct |
| Employee Stock Option (right to buy) | $43.64 | 2026-12-01 | 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 () | 5000 | Direct |
| Employee Stock Option (right to buy) | $59.67 | 2029-03-14 | Common Stock () | 15000 | Direct |
| Restricted Stock Units | $ | Common Stock () | 5200 | Direct |
Footnotes
F1: This transaction is reported to reflect the exercise of a stock option for a total of 19,089 shares by means of a stock swap whereby the Reporting Person disposed of 4,704 shares of Common Stock to the Issuer as consideration for the Reporting Person's exercise of stock options. The stock swap was completed pursuant to the terms of the Monster Beverage Corporation 2011 Omnibus Incentive Plan Stock Option Agreement between the Issuer and the Reporting Person.
F2: This transaction is reported to reflect the exercise of a stock option for a total of 4,281 shares by means of a stock swap whereby the Reporting Person disposed of 1,568 shares of Common Stock to the Issuer as consideration for the Reporting Person's exercise of stock options. The stock swap was completed pursuant to the terms of the Monster Beverage Corporation 2011 Omnibus Incentive Plan Stock Option Agreement between the Issuer and the Reporting Person.
F3: The options are fully vested.
F4: The options are currently vested with respect to 31,500 shares. The remaining options vest on December 1, 2019.
F5: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F6: The options are currently vested with respect to 28,800 shares. The remaining options vest on March 13, 2020.
F7: The options are currently vested with respect to 16,875 shares. The remaining options vest in two installments as follows: 9,375 shares on March 14, 2020 and 11,250 shares on March 14, 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 December 1, 2019; 10,000 shares on December 1, 2020; 12,000 shares on December 1, 2021.
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: 1,667 shares on June 1, 2021; 1,667 shares on June 1, 2022; 1,666 shares on June 1, 2023.
F11: The options vest in three equal installments on March 14, 2020, 2021 and 2022.
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 three equal installments on March 14, 2020, 2021 and 2022.
F14: Not applicable.