Monster Beverage Corp — Director's Dealing 2020

Aug 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Monster Beverage Corp (MNST)
CIK: 0000865752
Period of Report: 2020-05-07

Reporting Person: SACKS RODNEY C (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-07	Common Stock	G	495	—	Disposed	204465	Direct
2020-05-18	Common Stock	G	183220	—	Acquired	387685	Direct
2020-07-08	Common Stock	G	3486	—	Disposed	384199	Direct
2020-08-07	Common Stock	J	462826	—	Disposed	0	Indirect
2020-06-10	Common Stock	G	1000000	—	Disposed	1000000	Indirect
2020-06-10	Common Stock	G	1000000	—	Acquired	1000000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-18	Employee Stock Option (right to buy)	$23.35	G	51417	Disposed	2024-03-14	Common Stock (51417)	Indirect
2020-06-12	Employee Stock Option (right to buy)	$43.99	G	107736	Disposed	2026-03-14	Common Stock (107736)	Indirect
2020-05-18	Employee Stock Option (right to buy)	$46.27	G	76871	Disposed	2027-03-14	Common Stock (76871)	Indirect
2020-06-12	Employee Stock Option (right to buy)	$46.27	G	100752	Disposed	2027-03-14	Common Stock (100752)	Indirect
2020-06-12	Employee Stock Option (right to buy)	$58.73	G	88000	Disposed	2028-03-14	Common Stock (88000)	Indirect
2020-06-12	Employee Stock Option (right to buy)	$59.67	G	48600	Disposed	2029-03-14	Common Stock (48600)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5645568	Indirect
Common Stock	29386944	Indirect
Common Stock	104772	Indirect
Common Stock	214284	Indirect
Common Stock	323700	Indirect
Common Stock	120216	Indirect
Common Stock	568584	Indirect
Common Stock	453444	Indirect
Common Stock	249918	Indirect
Common Stock	505242	Indirect
Common Stock	327186	Indirect
Common Stock	1440954	Indirect
Common Stock	186790	Indirect
Common Stock	4176	Indirect
Common Stock	1311896	Indirect
Common Stock	506566	Indirect
Common Stock	3091215	Indirect
Common Stock	28722	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$17.99	2023-06-03	Common Stock ()	11118	Direct
Employee Stock Option (right to buy)	$17.99	2023-06-03	Common Stock ()	408882	Indirect
Employee Stock Option (right to buy)	$17.99	2023-06-03	Common Stock ()	210000	Indirect
Employee Stock Option (right to buy)	$23.35	2024-03-14	Common Stock ()	55698	Direct
Employee Stock Option (right to buy)	$23.35	2024-03-14	Common Stock ()	420000	Indirect
Employee Stock Option (right to buy)	$45.16	2025-03-13	Common Stock ()	2214	Direct
Employee Stock Option (right to buy)	$45.16	2025-03-13	Common Stock ()	79200	Indirect
Employee Stock Option (right to buy)	$45.16	2025-03-13	Common Stock ()	156186	Indirect
Employee Stock Option (right to buy)	$43.99	2026-03-14	Common Stock ()	2271	Direct
Employee Stock Option (right to buy)	$43.99	2026-03-14	Common Stock ()	97257	Indirect
Employee Stock Option (right to buy)	$43.99	2026-03-14	Common stock ()	107736	Indirect
Employee Stock Option (right to buy)	$46.27	2027-03-14	Common Stock ()	79034	Direct
Employee Stock Option (right to buy)	$46.27	2027-03-14	Common Stock ()	100752	Indirect
Employee Stock Option (right to buy)	$58.73	2028-03-14	Common Stock ()	88000	Direct
Employee Stock Option (right to buy)	$58.73	2028-03-14	Common Stock ()	88000	Indirect
Employee Stock Option (right to buy)	$59.67	2029-03-14	Common Stock ()	194400	Direct
Employee Stock Option (right to buy)	$59.67	2029-03-14	Common Stock ()	48600	Indirect
Employee Stock Option (right to buy)	$62.39	2030-03-13	Common Stock ()	191400	Direct
Restricted Stock Units	$		Common Stock ()	34067	Direct
Restricted Stock Units	$		Common Stock ()	67067	Direct
Restricted Stock Units	$		Common Stock ()	57700	Direct

Footnotes

F1: As a result of the distribution of shares, which were previously reported as indirectly beneficially owned by the reporting person, as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust to the reporting person, the total amount of shares directly owned has increased.

F2: 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., Hilrod Holdings XVI, L.P., Hilrod Holdings XVII, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XIX, L.P., Hilrod Holdings XX, L.P. and Hilrod Holdings XXI, L.P. The reporting person is the trustee of each of HHS 2010 GRAT #3 and HHS 2014 GRAT #2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

F3: Reflects the transfer of shares from Hilrod Holdings XVI, L.P. to trusts each with an independent trustee.

F4: Reflects the distribution of shares as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust and the transfer of shares directly to the reporting person as one of the general partners of Hilrod Holdings XVII, L.P. The shares received from the in-kind annuity payment and direct transfer are directly beneficially owned by the reporting person.

F5: Reflects the transfer of shares from Hilrod Holdings XX, L.P. to Hilrod Holdings XXI, L.P., of which the reporting person is one of the general partners and limited partners. The shares transferred to Hilrod Holdings XXI, L.P. are indirectly beneficially owned by the reporting person.

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: Reflects the assignment of options from Hilrod Holdings XVIII, L.P. as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust and the transfer of options directly to the reporting person as one of the general partners of Hilrod Holdings XVIII, L.P., without consideration. The options assigned from the in-kind annuity payment and direct transfer are directly beneficially owned by the reporting person.

F9: Reflects the assignment of options from Hilrod Holdings XXI, L.P. to Hilrod Holdings XX, L.P., of which the reporting person is one of the general partners and limited partners. The options assigned to Hilrod Holdings XX, L.P. are indirectly beneficially owned by the reporting person.

F10: The remaining options vest on March 14, 2021.

F11: The remaining options vest in two equal installments on March 14, 2021 and 2022.

F12: The options vest in three installments as follows: 85,066 shares on March 13, 2021, 53,167 shares on March 13, 2022 and 53,167 shares on March 13, 2023.

F13: 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.

F14: The remaining restricted stock units vest on March 14, 2021.

F15: Not applicable.

F16: The restricted stock units vest in two installments as follows: 33,533 units on March 14, 2021 and 33,534 units on March 14, 2022.

F17: The restricted stock units vest in three installments as follows: 25,644 units on March 13, 2021, 16,028 units on March 13, 2022 and 16,028 units on March 13, 2023.