Filing Details
- Accession Number:
- 0000865752-23-000032
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-05-11 17:11:06
- Reporting Period:
- 2023-05-09
- Accepted Time:
- 2023-05-11 17:11:06
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 865752 | Monster Beverage Corp | MNST | Bottled & Canned Soft Drinks & Carbonated Waters (2086) | 471809393 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1747215 | Guy Carling | 1 Monster Way Corona CA 92879 | President Of Emea | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-05-09 | 30,000 | $29.37 | 65,264 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-05-09 | 12,500 | $29.84 | 77,764 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-05-09 | 8,000 | $31.20 | 85,764 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-05-09 | 5,000 | $44.47 | 90,764 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-05-09 | 4,600 | $36.62 | 95,364 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-05-09 | 80,591 | $58.74 | 14,773 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-05-09 | 30,000 | $0.00 | 30,000 | $29.37 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-05-09 | 12,500 | $0.00 | 12,500 | $29.84 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-05-09 | 8,000 | $0.00 | 8,000 | $31.20 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-05-09 | 5,000 | $0.00 | 5,000 | $44.47 |
| Common Stock | Employee Stock Option (right to buy) | Disposition | 2023-05-09 | 4,600 | $0.00 | 4,600 | $36.62 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2028-03-14 | No | 4 | M | Direct | |
| 15,000 | 2029-03-14 | No | 4 | M | Direct | |
| 22,000 | 2030-03-13 | No | 4 | M | Direct | |
| 15,000 | 2031-03-12 | No | 4 | M | Direct | |
| 41,400 | 2032-03-14 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Employee Stock Option (right to buy) | $25.75 | 2028-06-01 | 0 | 16,666 | Direct | |
| Common Stock | Employee Stock Option (right to buy) | $50.82 | 2033-03-14 | 0 | 20,000 | Direct | |
| Common Stock | Employee Stock Option (right to buy) | $50.82 | 2033-03-14 | 0 | 20,000 | Direct | |
| Common Stock | Restricted Stock Units | $0.00 | 0 | 6,000 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 0 | 5,100 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 0 | 7,700 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 0 | 4,200 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 0 | 12,240 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 0 | 6,800 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2028-06-01 | 0 | 16,666 | Direct |
| 2033-03-14 | 0 | 20,000 | Direct |
| 2033-03-14 | 0 | 20,000 | Direct |
| 0 | 6,000 | Direct | |
| 0 | 5,100 | Direct | |
| 0 | 7,700 | Direct | |
| 0 | 4,200 | Direct | |
| 0 | 12,240 | Direct | |
| 0 | 6,800 | Direct |
Footnotes
- 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.
- This transaction was executed in multiple trades at prices ranging from $58.50 to $59.29. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- 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.
- The options are currently vested.
- The remaining options vest on June 1, 2023
- No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- The options are currently vested with respect to 12,500 shares. The remaining options vest on March 14, 2024.
- 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 13, 2024 and 12,000 shares on March 13, 2025.
- The options are currently vested with respect to 5,000 shares. The remaining options vest in three installments as follows: 4,000 shares on March 12, 2024; 5,000 shares on March 12, 2025 and 6,000 shares on March 12, 2026.
- The options are currently vested with respect to 4,600 shares. The remaining options vest in four installments as follows: 6,900 shares on March 14, 2024; 9,200 shares on March 14, 2025; 11,500 shares on March 14, 2026 and 13,800 shares on March 14, 2027.
- The options vest in five installments as follows: 2,000 shares on March 14, 2024; 3,000 shares on March 14, 2025; 4,000 shares on March 14, 2026; 5,000 shares on March 14, 2027 and 6,000 shares on March 14, 2028.
- The options vest in three installments as follows: 6,666 shares on March 14, 2024; 6,666 shares on March 14, 2025 and 6,668 on March 14, 2026.
- 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.
- The remaining restricted stock units vest on June 1, 2023.
- Not applicable.
- 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.
- The remaining restricted stock units vest on March 14, 2024.
- The remaining restricted stock units vest in two installments as follows: 3,500 units on March 13, 2024 and 4,200 units on March 13, 2025.
- 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.
- The remaining restricted stock units vest in three installments as follows: 1,120 units on March 12, 2024; 1,400 units on March 12, 2025 and 1,680 units on March 12, 2026.
- The remaining restricted stock units vest in four installments as follows: 2,040 units on March 14, 2024; 2,720 units on March 14, 2025; 3,400 units on March 14, 2026 and 4,080 units on March 14, 2027.
- The restricted stock units vest in five installments as follows: 680 units on March 14, 2024; 1,020 units on March 14, 2025; 1,360 units on March 14, 2026; 1,700 units on March 14, 2027 and 2,040 units on March 14, 2028.
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