Monster Beverage Corp — Director's Dealing 2023

Mar 15, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Monster Beverage Corp (MNST)
CIK: 0000865752
Period of Report: 2023-03-12

Reporting Person: KELLY THOMAS J (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-12	Common Stock	M	467	—	Acquired	26244	Direct
2023-03-13	Common Stock	M	1334	—	Acquired	27578	Direct
2023-03-14	Common Stock	M	1000	—	Acquired	28578	Direct
2023-03-14	Common Stock	A	1450	—	Acquired	30028	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-14	Employee Stock Option (right to buy)	$101.64	A	5000	Acquired	2033-03-14	Common Stock (5000)	Direct
2023-03-14	Employee Stock Option (right to buy)	$101.64	A	5000	Acquired	2033-03-14	Common Stock (5000)	Direct
2023-03-13	Restricted Stock Units	$	M	1334	Disposed		Common Stock (1334)	Direct
2023-03-12	Restricted Stock Units	$	M	467	Disposed		Common Stock (467)	Direct
2023-03-14	Restricted Stock Units	$	M	1000	Disposed		Common Stock (1000)	Direct
2023-03-14	Restricted Stock Units	$	A	1700	Acquired		Common Stock (1700)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Employee Stock Option (right to buy)	$45.16	2025-03-13	Common Stock ()	2214	Direct
Employee Stock Option (right to buy)	$43.99	2026-03-14	Common Stock ()	2271	Direct
Employee Stock Option (right to buy)	$43.64	2026-12-01	Common Stock ()	2	Direct
Employee Stock Option (right to buy)	$58.73	2028-03-14	Common Stock ()	50000	Direct
Employee Stock Option (right to buy)	$51.5	2028-06-01	Common Stock ()	5000	Direct
Employee Stock Option (right to buy)	$59.67	2029-03-14	Common Stock ()	15000	Direct
Employee Stock Option (right to buy)	$62.39	2030-03-13	Common Stock ()	12000	Direct
Employee Stock Option (right to buy)	$88.94	2031-03-12	Common Stock ()	5000	Direct
Employee Stock Option (right to buy)	$73.23	2032-03-14	Common Stock ()	10000	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock.

F2: Received upon the achievement of the vesting criteria applicable to the third of three tranches of performance share units granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan (the "2011 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.

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 3,334 shares. The remaining options vest on June 1, 2023.

F6: The options are currently vested with respect to 3,333 shares. The remaining options vest on March 12, 2024.

F7: The options are currently vested with respect to 3,333 shares. The remaining options vest in two installments as follows: 3,333 shares on March 14, 2024 and 3,334 shares on March 14, 2025.

F8: The options vest in three installments as follows: 1,666 shares on March 14, 2025; 1,667 shares on March 14, 2026 and 1,667 on March 14, 2027.

F9: The options vest in three installments as follows: 1,666 shares on March 14, 2025; 1,667 shares on March 14, 2026 and 1,667 on March 14, 2027.

F10: The restricted stock units were granted under the 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 restricted stock units are fully vested.

F12: Not applicable.

F13: 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.

F14: The remaining restricted stock units vest on March 12, 2024.

F15: The remaining restricted stock units vest in two equal installments on March 14, 2024 and March 14, 2025.

F16: The restricted stock units vest in three installments as follows: 566 units on March 14, 2024; 567 units on March 14, 2025 and 567 units on March 14, 2024.