AI assistant
Monster Beverage Corp — Director's Dealing 2023
Mar 15, 2023
29955_dirs_2023-03-14_3663d4c7-b527-4cec-b8e2-4fd221fa0e97.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Monster Beverage Corp (MNST)
CIK: 0000865752
Period of Report: 2023-02-24
Reporting Person: SCHLOSBERG HILTON H (Director, Vice Chairman and Co-CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-02-24 | Common Stock | G | 195 | — | Disposed | 684040 | Direct |
| 2023-03-12 | Common Stock | M | 12633 | — | Acquired | 696673 | Direct |
| 2023-03-12 | Common Stock | F | 6264 | $100.32 | Disposed | 690409 | Direct |
| 2023-03-13 | Common Stock | M | 16028 | — | Acquired | 706437 | Direct |
| 2023-03-13 | Common Stock | F | 7947 | $100.32 | Disposed | 698490 | Direct |
| 2023-03-14 | Common Stock | M | 15366 | — | Acquired | 713856 | Direct |
| 2023-03-14 | Common Stock | F | 7619 | $101.64 | Disposed | 706237 | Direct |
| 2023-03-14 | Common Stock | A | 46461 | — | Acquired | 752698 | Direct |
| 2023-03-14 | Common Stock | F | 23036 | $101.64 | Disposed | 729662 | 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 | 91500 | Acquired | 2033-03-14 | Common Stock (91500) | Direct |
| 2023-03-13 | Restricted Stock Units | $ | M | 16028 | Disposed | Common Stock (16028) | Direct | |
| 2023-03-12 | Restricted Stock Units | $ | M | 12633 | Disposed | Common Stock (12633) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 5645568 | Indirect |
| Common Stock | 29386944 | Indirect |
| Common Stock | 104772 | Indirect |
| Common Stock | 214284 | Indirect |
| Common Stock | 323700 | Indirect |
| Common Stock | 120216 | Indirect |
| Common Stock | 568584 | Indirect |
| Common Stock | 453444 | Indirect |
| Common Stock | 249918 | Indirect |
| Common Stock | 505242 | Indirect |
| Common Stock | 327186 | Indirect |
| Common Stock | 1440954 | Indirect |
| Common Stock | 186790 | Indirect |
| Common Stock | 4176 | Indirect |
| Common Stock | 336772 | Indirect |
| Common Stock | 364636 | Indirect |
| Common Stock | 364636 | Indirect |
| Common Stock | 500000 | Indirect |
| Common Stock | 244562 | Indirect |
| Common Stock | 534000 | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $17.99 | 2023-06-03 | Common Stock () | 11118 | Direct |
| Employee Stock Option (right to buy) | $17.99 | 2023-06-03 | Common Stock () | 408882 | Indirect |
| Employee Stock Option (right to buy) | $17.99 | 2023-06-03 | Common Stock () | 210000 | Indirect |
| Employee Stock Option (right to buy) | $23.35 | 2024-03-14 | Common Stock () | 4281 | Direct |
| Employee Stock Option (right to buy) | $23.35 | 2024-03-14 | Common Stock () | 420000 | Indirect |
| Employee Stock Option (right to buy) | $23.35 | 2024-03-14 | Common Stock () | 154302 | Indirect |
| Employee Stock Option (right to buy) | $23.35 | 2024-03-14 | Common Stock () | 51417 | Indirect |
| Employee Stock Option (right to buy) | $45.16 | 2025-03-13 | Common Stock () | 2214 | Direct |
| Employee Stock Option (right to buy) | $45.16 | 2025-03-13 | Common Stock () | 79200 | Indirect |
| Employee Stock Option (right to buy) | $45.16 | 2025-03-13 | Common Stock () | 156186 | Indirect |
| Employee Stock Option (right to buy) | $43.99 | 2026-03-14 | Common Stock () | 2271 | Direct |
| Employee Stock Option (right to buy) | $43.99 | 2026-03-14 | Common Stock () | 97257 | Indirect |
| Employee Stock Option (right to buy) | $43.99 | 2026-03-14 | Common Stock () | 215472 | Indirect |
| Employee Stock Option (right to buy) | $46.27 | 2027-03-14 | Common Stock () | 2163 | Direct |
| Employee Stock Option (right to buy) | $46.27 | 2027-03-14 | Common Stock () | 24963 | Indirect |
| Employee Stock Option (right to buy) | $46.27 | 2027-03-14 | Common Stock () | 76871 | Indirect |
| Employee Stock Option (right to buy) | $46.27 | 2027-03-14 | Common Stock () | 201503 | Indirect |
| Employee Stock Option (right to buy) | $58.73 | 2028-03-14 | Common Stock () | 1702 | Direct |
| Employee Stock Option (right to buy) | $58.73 | 2028-03-14 | Common Stock () | 86298 | Indirect |
| Employee Stock Option (right to buy) | $58.73 | 2028-03-14 | Common Stock () | 176000 | Indirect |
| Employee Stock Option (right to buy) | $59.67 | 2029-03-14 | Common Stock () | 97200 | Direct |
| Employee Stock Option (right to buy) | $59.67 | 2029-03-14 | Common Stock () | 97200 | Indirect |
| Employee Stock Option (right to buy) | $59.67 | 2029-03-14 | Common Stock () | 97200 | Indirect |
| Employee Stock Option (right to buy) | $62.39 | 2030-03-13 | Common Stock () | 106334 | Direct |
| Employee Stock Option (right to buy) | $62.39 | 2030-03-13 | Common Stock () | 85066 | Indirect |
| Employee Stock Option (right to buy) | $88.94 | 2031-03-12 | Common Stock () | 129900 | Direct |
| Employee Stock Option (right to buy) | $73.23 | 2032-03-14 | Common Stock () | 145700 | 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: 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.
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 86,600 shares. The remaining options vest on March 12, 2024.
F7: The options are currently vested with respect to 48,566 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 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.
F10: The restricted stock units are fully vested.
F11: Not applicable.
F12: 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.
F13: The remaining restricted stock units vest on March 12, 2024.