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Monster Beverage Corp — Director's Dealing 2019
Mar 19, 2019
29955_dirs_2019-03-18_8745f586-9fc2-49e3-aa80-0b7c9a1061af.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: 2019-03-14
Reporting Person: KELLY THOMAS J (EVP Finance Monster Energy Co.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-14 | Common Stock | M | 25719 | $23.35 | Acquired | 35370 | Direct |
| 2019-03-14 | Common Stock | S | 25719 | $59.68 | Disposed | 9651 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-03-14 | Employee Stock Option (right to buy) | $23.35 | M | 25719 | Disposed | 2024-03-14 | Common Stock (25719) | Direct |
| 2019-03-14 | Employee Stock Option (right to buy) | $59.67 | A | 15000 | Acquired | 2029-03-14 | Common Stock (15000) | Direct |
| 2019-03-14 | Restricted Stock Units | $ | A | 5200 | Acquired | Common Stock (5200) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $15.71 | 2023-03-14 | Common Stock () | 19089 | Direct |
| 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 |
Footnotes
F1: This transaction was executed in multiple trades at prices ranging from $59.58 to $59.83. 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.
F2: The options are fully vested.
F3: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F4: The options are currently vested with respect to 31,500 shares. The remaining options vest on December 1, 2019.
F5: The options are currently vested with respect to 28,800 shares. The remaining options vest on March 13, 2020.
F6: 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.
F7: 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.
F8: 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.
F9: 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.
F10: The options vest in three equal installments on March 14, 2020, 2021 and 2022.
F11: 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.
F12: The restricted stock units vest in three equal installments on March 14, 2020, 2021 and 2022.
F13: Not applicable.