Monster Beverage Corp — Director's Dealing 2023

May 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Monster Beverage Corp (MNST)
CIK: 0000865752
Period of Report: 2023-05-10

Reporting Person: Tirre Emelie (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-10	Common Stock	M	96596	$29.37	Acquired	150580	Direct
2023-05-10	Common Stock	M	33334	$25.75	Acquired	183914	Direct
2023-05-10	Common Stock	S	129930	$59.15	Disposed	53984	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-10	Employee Stock Option (right to buy)	$29.37	M	96596	Disposed	2028-03-14	Common Stock (96596)	Direct
2023-05-10	Employee Stock Option (right to buy)	$25.75	M	33334	Disposed	2028-06-01	Common Stock (33334)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
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 ()	20000	Direct
Employee Stock Option (right to buy)	$36.62	2032-03-14	Common Stock ()	46000	Direct
Employee Stock Option (right to buy)	$50.82	2033-03-14	Common Stock ()	20000	Direct
Employee Stock Option (right to buy)	$50.82	2033-03-14	Common Stock ()	20000	Direct
Restricted Stock Units	$		Common Stock ()	6000	Direct
Restricted Stock Units	$		Common Stock ()	5100	Direct
Restricted Stock Units	$		Common Stock ()	7700	Direct
Restricted Stock Units	$		Common Stock ()	4200	Direct
Restricted Stock Units	$		Common Stock ()	12240	Direct
Restricted Stock Units	$		Common Stock ()	6800	Direct

Footnotes

F1: On March 27, 2023, the common stock of the Company split 2-for-1 (the "Stock Split"). As a result, the reporting person received one additional share for every one share of common stock held prior to the Stock Split.

F2: This transaction was executed in multiple trades at prices ranging from $59.02 to $59.40. 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.

F3: Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.

F4: The options are currently vested.

F5: The options are currently vested with respect to 33,334 shares. The remaining options vest on June 1, 2023.

F6: The options are currently vested with respect to 35,000 shares. The remaining options vest on March 14, 2024.

F7: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.

F8: 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.

F9: The options are currently vested with respect to 5,000 shares. The remaining options vest in three installments as follows: 4,000 shares on March 12, 2024; 5,000 shares on March 12, 2025 and 6,000 shares on March 12, 2026.

F10: The options are currently vested with respect to 4,600 shares. The remaining options vest in four installments as follows: 6,900 shares on March 14, 2024; 9,200 shares on March 14, 2025; 11,500 shares on March 14, 2026 and 13,800 shares on March 14, 2027.

F11: The options vest in five installments as follows: 2,000 shares on March 14, 2024; 3,000 shares on March 14, 2025; 4,000 shares on March 14, 2026; 5,000 shares on March 14, 2027 and 6,000 shares on March 14, 2028.

F12: The options vest in three installments as follows: 6,666 shares on March 14, 2024; 6,666 shares on March 14, 2025 and 6,668 on March 14, 2026.

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 June 1, 2023.

F15: Not applicable.

F16: Due to the Stock Split, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units (or the cash equivalent of such shares) were doubled.

F17: The remaining restricted stock units vest on March 14, 2024.

F18: 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.

F19: 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.

F20: The remaining restricted stock units vest in three installments as follows: 1,120 units on March 12, 2024; 1,400 units on March 12, 2025 and 1,680 units on March 12, 2026.

F21: The remaining restricted stock units vest in four installments as follows: 2,040 units on March 14, 2024; 2,720 units on March 14, 2025; 3,400 units on March 14, 2026 and 4,080 units on March 14, 2027.

F22: The restricted stock units vest in five installments as follows: 680 units on March 14, 2024; 1,020 units on March 14, 2025; 1,360 units on March 14, 2026; 1,700 units on March 14, 2027 and 2,040 units on March 14, 2028.