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Monster Beverage Corp Director's Dealing 2023

Aug 17, 2023

29955_dirs_2023-08-16_774fed42-5fdb-43f6-b4f1-921f29410363.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: 2023-08-14

Reporting Person: HALL MARK J (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-08-14 Common Stock S 56202 $58.81 Disposed 1027840 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Employee Stock Option (right to buy) $22.58 2025-03-13 Common Stock () 120000 Direct
Employee Stock Option (right to buy) $21.82 2026-12-01 Common Stock () 120000 Direct
Employee Stock Option (right to buy) $29.37 2028-03-14 Common Stock () 100000 Direct
Employee Stock Option (right to buy) $29.84 2029-03-14 Common Stock () 50000 Direct
Employee Stock Option (right to buy) $31.2 2030-03-13 Common Stock () 40000 Direct
Employee Stock Option (right to buy) $44.47 2031-03-12 Common Stock () 40000 Direct
Employee Stock Option (right to buy) $36.62 2032-03-14 Common Stock () 60000 Direct
Employee Stock Option (right to buy) $50.82 2033-03-14 Common Stock () 60000 Direct
Restricted Stock Units $ Common Stock () 5100 Direct
Restricted Stock Units $ Common Stock () 7700 Direct

Footnotes

F1: This transaction was executed in multiple trades at prices ranging from $58.80 to $58.86. 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 reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.

F3: The options are fully vested.

F4: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.

F5: The options are currently vested with respect to 35,000 shares. The remaining options vest on March 14, 2024.

F6: The options are currently vested with respect to 18,000 shares. The remaining options vest in two installments as follows: 10,000 shares on March 13, 2024 and 12,000 shares on March 13, 2025.

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 March 12, 2024; 10,000 shares on March 12, 2025 and 12,000 shares on March 12, 2026.

F8: The options are currently vested with respect to 6,000 shares. The remaining options vest in four installments as follows: 9,000 shares on March 14, 2024; 12,000 shares on March 14, 2025; 15,000 shares on March 14, 2026 and 18,000 shares on March 14, 2027.

F9: The options vest in five installments as follows: 6,000 shares on March 14, 2024; 9,000 shares on March 14, 2025; 12,000 shares on March 14, 2026; 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028.

F10: 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.

F11: The remaining restricted stock units vest on March 14, 2024.

F12: Not applicable.

F13: The remaining restricted stock units vest in two installments as follows: 3,500 units on March 13, 2024 and 4,200 units on March 13, 2025.