SEC Form 4 · accession 0001140361-15-012367
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Hall
Officer — Chief Brand Officer - MEC · Director
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 8:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000865752
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 263,936 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $135.48 | Mar 13, 2015 | A | 100,000 | A | — | Mar 13, 2025 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F1 | $17.82 | holding | — | — | — | — | Dec 1, 2019 | Common Stock | 400,000 | 80,000 | D |
| Employee Stock Option (right to buy)F2 | $26.26 | holding | — | — | — | — | Dec 1, 2020 | Common Stock | 100,000 | 40,000 | D |
| Employee Stock Option (right to buy)F3 | $47.13 | holding | — | — | — | — | Mar 14, 2023 | Common Stock | 100,000 | 90,000 | D |
| Employee Stock Option (right to buy)F4 | $70.06 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | 30,000 | 30,000 | D |
| Restricted Stock UnitsF6,F7,F8 | — | holding | — | — | — | — | — | Common Stock | 25,000 | 10,000 | D |
Explanation of responses
- F1The options are currently vested.
- F2The options are currently vested with respect to 20,000 shares. The remaining options vest on December 1, 2015.
- F3The options are currently vested with respect to 15,000 shares. The remaining options vest in three installments as follows: 20,000 shares on March 14, 2016; 25,000 shares on March 14, 2017; 30,000 shares on March 14, 2018.
- F4The options are currently vested with respect to 3,000 shares. The remaining options vest in four installments as follows: 4,500 shares on March 14, 2016; 6,000 shares on March 14, 2017; 7,500 shares on March 14, 2018; 9,000 shares on March 14, 2019. The options will become exercisable on the one year anniversary from the date on which they vested.
- F5Granted March 13, 2015 pursuant to the Company's 2011 Stock Option Plan (which is a Rule 16b-3(d)(1) plan) and Equity Grant Procedures. The options vest in five equal installments on March 13, 2016, 2017, 2018, 2019 and 2020.
- F6The 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.
- F7The remaining restricted stock units vest in two equal installments on September 1, 2015 and 2016.
- F8Not applicable.