Monster Beverage Corp — Director's Dealing 2023

Nov 2, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Monster Beverage Corp (MNST)
CIK: 0000865752
Period of Report: 2023-10-30

Reporting Person: SACKS RODNEY C (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-10-30	Common Stock	G	329910	—	Acquired	1812906	Direct
2023-10-30	Common Stock	J	800000	—	Disposed	268000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	11291136	Indirect
Common Stock	58773888	Indirect
Common Stock	209544	Indirect
Common Stock	428568	Indirect
Common Stock	647400	Indirect
Common Stock	1137168	Indirect
Common Stock	906888	Indirect
Common Stock	499836	Indirect
Common Stock	361356	Indirect
Common Stock	673544	Indirect
Common Stock	729272	Indirect
Common Stock	729272	Indirect
Common Stock	1000000	Indirect
Common Stock	489124	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$11.68	2024-03-14	Common Stock ()	8562	Direct
Employee Stock Option (right to buy)	$11.68	2024-03-14	Common Stock ()	840000	Indirect
Employee Stock Option (right to buy)	$11.68	2024-03-14	Common Stock ()	308604	Indirect
Employee Stock Option (right to buy)	$11.68	2024-03-14	Common Stock ()	102834	Indirect
Employee Stock Option (right to buy)	$22.58	2025-03-13	Common Stock ()	4428	Direct
Employee Stock Option (right to buy)	$22.58	2025-03-13	Common Stock ()	158400	Indirect
Employee Stock Option (right to buy)	$22.58	2025-03-13	Common Stock ()	312372	Indirect
Employee Stock Option (right to buy)	$21.99	2026-03-14	Common Stock ()	4542	Direct
Employee Stock Option (right to buy)	$21.99	2026-03-14	Common Stock ()	194514	Indirect
Employee Stock Option (right to buy)	$21.99	2026-03-14	Common Stock ()	430944	Indirect
Employee Stock Option (right to buy)	$23.14	2027-03-14	Common Stock ()	4326	Direct
Employee Stock Option (right to buy)	$23.14	2027-03-14	Common Stock ()	49926	Indirect
Employee Stock Option (right to buy)	$23.14	2027-03-14	Common Stock ()	153742	Indirect
Employee Stock Option (right to buy)	$23.14	2027-03-14	Common Stock ()	403006	Indirect
Employee Stock Option (right to buy)	$29.37	2028-03-14	Common Stock ()	3404	Direct
Employee Stock Option (right to buy)	$29.37	2028-03-14	Common Stock ()	172596	Indirect
Employee Stock Option (right to buy)	$29.37	2028-03-14	Common Stock ()	352000	Indirect
Employee Stock Option (right to buy)	$29.84	2029-03-14	Common Stock ()	194400	Direct
Employee Stock Option (right to buy)	$29.84	2029-03-14	Common Stock ()	194400	Indirect
Employee Stock Option (right to buy)	$29.84	2029-03-14	Common Stock ()	194400	Indirect
Employee Stock Option (right to buy)	$31.2	2030-03-13	Common Stock ()	212668	Direct
Employee Stock Option (right to buy)	$31.2	2030-03-13	Common Stock ()	170132	Indirect
Employee Stock Option (right to buy)	$44.47	2031-03-12	Common Stock ()	259800	Direct
Employee Stock Option (right to buy)	$36.62	2032-03-14	Common Stock ()	291400	Direct
Employee Stock Option (right to buy)	$50.82	2033-03-14	Common Stock ()	183000	Direct
Restricted Stock Units	$		Common Stock ()	25268	Direct
Restricted Stock Units	$		Common Stock ()	61468	Direct
Restricted Stock Units	$		Common Stock ()	67600	Direct

Footnotes

F1: As a result of the distribution of shares from Hilrod Holdings XXV, L.P., which were previously reported as indirectly beneficially owned by the reporting person, the total amount of shares directly owned has increased. Reflects the proceeds of an in-kind annuity payment and the transfer of shares directly to the reporting person as one of the general partners of Hilrod Holdings XXV, L.P.

F2: Reporting person (i) 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 VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings X, L.P., Hilrod Holdings XV, L.P., Hilrod Holdings XVI, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XIX, L.P., Hilrod Holdings XX, L.P., Hilrod Holdings XXI, L.P., Hilrod Holdings XXII, L.P., Hilrod Holdings XXIII, L.P., Hilrod Holdings XXIV, L.P., Hilrod Holdings XXV, L.P. and Hilrod Holdings XXVI, L.P. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

F3: Reflects the distribution of 800,000 shares, of which 329,910 shares are now owned directly by the reporting person as the proceeds of (i) an in-kind annuity payment from an existing grantor retained annuity trust and (ii) the transfer of shares directly to the reporting person as one of the general partners of Hilrod Holdings XXV, L.P. 140,186 shares are now owned by Sterling Trustees LLC and such shares are not deemed beneficially owned by the reporting person.

F4: The options are currently vested.

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 173,200 shares. The remaining options vest on March 12, 2024.

F7: The options are currently vested with respect to 97,132 shares. The remaining options vest in two equal installments on March 14, 2024 and March 14, 2025.

F8: The options vest in three equal installments on March 14, 2024, 2025 and 2026.

F9: The restricted stock units were granted under the Monster Beverage Corporation 2020 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.

F10: The remaining restricted stock units vest on March 12, 2024.

F11: Not applicable.

F12: The remaining restricted stock units vest in two installments as follows: 30,734 units on March 14, 2024 and 30,734 units on March 14, 2025.

F13: The restricted stock units vest in three installments as follows: 22,532 units on March 14, 2024, 22,534 units on March 14, 2025 and 22,534 units on March 14, 2026.