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Monster Beverage Corp — Director's Dealing 2024
Mar 15, 2024
29955_dirs_2024-03-14_a97e2208-1658-4e5a-b4a4-9eb1ab01596f.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: 2024-03-13
Reporting Person: HALL MARK J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-13 | Common Stock | M | 3500 | — | Acquired | 781340 | Indirect |
| 2024-03-13 | Common Stock | F | 1500 | $60.85 | Disposed | 779840 | Direct |
| 2024-03-14 | Common Stock | M | 5100 | — | Acquired | 784940 | Indirect |
| 2024-03-14 | Common Stock | F | 2186 | $60.3 | Disposed | 782754 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-03-14 | Employee Stock Option (right to buy) | $60.3 | A | 60000 | Acquired | 2034-03-14 | Common Stock (60000) | Direct |
| 2024-03-14 | Restricted Stock Units | $ | M | 5100 | Disposed | Common Stock (5100) | Direct | |
| 2024-03-13 | Restricted Stock Units | $ | M | 3500 | Disposed | Common Stock (3500) | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Employee Stock Option (right to buy) | $29.84 | 2029-03-14 | Common Stock () | 15000 | Direct |
| Employee Stock Option (right to buy) | $31.2 | 2030-03-13 | Common Stock () | 22000 | Direct |
| Employee Stock Option (right to buy) | $44.47 | 2031-03-12 | Common Stock () | 30000 | Direct |
| Employee Stock Option (right to buy) | $36.62 | 2032-03-14 | Common Stock () | 54000 | Direct |
| Employee Stock Option (right to buy) | $50.82 | 2033-03-14 | Common Stock () | 60000 | 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: The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.
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 10,000 shares. The remaining options vest on March 13, 2025.
F6: The options are currently vested with respect to 8,000 shares. The remaining options vest in two installments as follows: 10,000 shares on March 12, 2025 and 12,000 shares on March 12, 2026.
F7: The options are currently vested with respect to 9,000 shares. The remaining options vest in three installments as follows: 12,000 shares on March 14, 2025; 15,000 shares on March 14, 2026 and 18,000 shares on March 14, 2027.
F8: The options are currently vested with respect to 6,000 shares. The remaining options vest in four installments as follows: 9,000 shares on March 14, 2025; 12,000 shares on March 14, 2026; 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028.
F9: The options vest in five installments as follows: 6,000 shares on March 14, 2025; 9,000 shares on March 14, 2026; 12,000 shares on March 14, 2027; 15,000 shares on March 14, 2028 and 18,000 shares on March 14, 2029.
F10: 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.
F11: The restricted stock units are fully vested.
F12: Not applicable.
F13: The remaining restricted stock units vest on March 13, 2025.