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Monster Beverage Corp — Director's Dealing 2019
May 10, 2019
29955_dirs_2019-05-09_71f43c68-7555-4896-aa0a-594d1a8396f6.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: 2019-05-07
Reporting Person: HALL MARK J (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-05-07 | Common Stock | M | 4281 | $23.35 | Acquired | 871897 | Indirect |
| 2019-05-07 | Common Stock | M | 180000 | $45.16 | Acquired | 1051897 | Indirect |
| 2019-05-07 | Common Stock | S | 181622 | $61.45 | Disposed | 870275 | Indirect |
| 2019-05-08 | Common Stock | M | 22719 | $23.35 | Acquired | 892994 | Indirect |
| 2019-05-08 | Common Stock | M | 60000 | $45.16 | Acquired | 952994 | Indirect |
| 2019-05-08 | Common Stock | M | 90000 | $43.99 | Acquired | 1042994 | Indirect |
| 2019-05-08 | Common Stock | M | 40000 | $43.64 | Acquired | 1082994 | Indirect |
| 2019-05-08 | Common Stock | S | 212719 | $61.69 | Disposed | 870275 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-05-07 | Employee Stock Option (right to buy) | $23.35 | M | 27000 | Disposed | 2024-03-14 | Common Stock (27000) | Direct |
| 2019-05-07 | Employee Stock Option (right to buy) | $45.16 | M | 240000 | Disposed | 2025-03-13 | Common Stock (240000) | Direct |
| 2019-05-08 | Employee Stock Option (right to buy) | $43.99 | M | 90000 | Disposed | 2026-03-14 | Common Stock (90000) | Direct |
| 2019-05-08 | Employee Stock Option (right to buy) | $43.64 | M | 40000 | Disposed | 2026-12-01 | Common Stock (40000) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $58.73 | 2028-03-14 | Common Stock () | 50000 | Direct |
| Employee Stock Option (right to buy) | $59.67 | 2029-03-14 | Common Stock () | 25000 | Direct |
| Restricted Stock Units | $ | Common Stock () | 8500 | Direct |
Footnotes
F1: Shares which were previously reported as directly beneficially owned by the reporting person are reported as indirectly beneficially owned by the reporting person as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries
F2: This transaction was executed in multiple trades at prices ranging from $61.17 to $61.74. 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.
F3: This transaction was executed in multiple trades at prices ranging from $61.59 to $61.83. 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.
F4: 4,281 shares were exercised on May 7, 2019 and 22,719 shares were exercised on May 8, 2019.
F5: The options are fully vested.
F6: 180,000 shares were exercised on May 7, 2019 and 60,000 shares were exercised on May 8, 2019.
F7: The remaining options vest on March 13, 2020.
F8: The remaining options vest in three equal installments on December 1, 2019, 2020 and 2021.
F9: The options are currently vested with respect to 5,000 shares. The remaining options vest in four installments as follows: 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: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
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 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.
F14: Not applicable.