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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.