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Monster Beverage Corp — Director's Dealing 2023
Apr 5, 2023
29955_dirs_2023-04-04_f24baf01-8151-49d9-9e49-a6314e2382ff.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)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-31 | Common Stock | M | 22236 | $8.99 | Acquired | 1481560 | Direct |
| 2023-03-31 | Common Stock | M | 840000 | $8.99 | Acquired | 848352 | Indirect |
| 2023-03-31 | Common Stock | F | 486996 | $54.01 | Disposed | 361356 | Indirect |
| 2023-03-31 | Common Stock | M | 1635528 | $8.99 | Acquired | 1635528 | Indirect |
| 2023-03-31 | Common Stock | F | 948208 | $54.01 | Disposed | 687320 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-03-31 | Employee Stock Option (right to buy) | $8.99 | M | 22236 | Disposed | 2023-06-03 | Common Stock (22236) | Direct |
| 2023-03-31 | Employee Stock Option (right to buy) | $8.99 | M | 817764 | Disposed | 2023-06-03 | Common Stock (817764) | Indirect |
| 2023-03-31 | Employee Stock Option (right to buy) | $8.99 | M | 420000 | Disposed | 2023-06-03 | Common Stock (420000) | 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 | 240432 | Indirect |
| Common Stock | 1137168 | Indirect |
| Common Stock | 906888 | Indirect |
| Common Stock | 499836 | Indirect |
| Common Stock | 1010484 | Indirect |
| Common Stock | 654372 | Indirect |
| Common Stock | 2881908 | Indirect |
| Common Stock | 373580 | Indirect |
| Common Stock | 673544 | Indirect |
| Common Stock | 729272 | Indirect |
| Common Stock | 729272 | Indirect |
| Common Stock | 1000000 | Indirect |
| Common Stock | 489124 | Indirect |
| Common Stock | 1068000 | 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 |
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: 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 VII, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings X, L.P., Hilrod Holdings XI, L.P., Hilrod Holdings XII, L.P., Hilrod Holdings XIII, L.P., Hilrod Holdings XIV, 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: 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: 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: 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.
F13: 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.