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Monster Beverage Corp — Director's Dealing 2023
Apr 5, 2023
29955_dirs_2023-04-04_2fe5330c-9d41-4a87-aaa1-0f7e8b8cb6f2.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: 2023-03-31
Reporting Person: SCHLOSBERG HILTON H (N/A)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Restricted Stock Units | $ | Common Stock () | 67600 | Direct |
Footnotes
F1: 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.
F2: 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.
F3: Not applicable.
F4: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5: On March 27, 2023, the common stock of the Company split 2-for-1. As a result, 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.