SEC Form 4 · accession 0001140361-15-024154

Monster Beverage Corp · MNST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Mark J Hall

Officer — Chief Marketing Officer - MEC · Director

Period of report

Jun 12, 2015

Accepted (ET)

Jun 12, 2015 · 5:26 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^F1,F2	Jun 12, 2015	D	263,936	—	D	0	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Employee Stock Option (right to buy)^F1,F2,F3	$17.82	Jun 12, 2015	D	80,000	D	—	Dec 1, 2019	Common Stock	80,000	D
Employee Stock Option (right to buy)^F1,F2,F4	$26.26	Jun 12, 2015	D	40,000	D	—	Dec 1, 2020	Common Stock	40,000	D
Employee Stock Option (right to buy)^F1,F2,F5	$47.13	Jun 12, 2015	D	90,000	D	—	Mar 14, 2023	Common Stock	90,000	D
Employee Stock Option (right to buy)^F1,F2,F6	$70.06	Jun 12, 2015	D	30,000	D	—	Mar 14, 2024	Common Stock	30,000	D
Employee Stock Option (right to buy)^F1,F2,F7	$135.48	Jun 12, 2015	D	100,000	D	—	Mar 13, 2025	Common Stock	100,000	D
Restricted Stock Units^{F1,F2,F8,F9,F10}	—	Jun 12, 2015	D	10,000	D	—	—	Common Stock	10,000	D

Explanation of responses

F1On June 12, 2015, Monster Beverage Corporation completed a holding company reorganization in which Monster Beverage Corporation ("Old Monster") merged with and into a wholly-owned subsidiary of New Laser Corporation (which has been renamed Monster Beverage Corporation) ("New Monster") with Old Monster continuing as the surviving corporation and as a wholly-owned subsidiary of New Monster (the "Holding Company Reorganization"). In the Holding Company Reorganization, each outstanding common share of Old Monster was disposed of in exchange for one common share of New Monster, and all Old Monster restricted stock units and stock options were disposed of in exchange for an equal number of New Monster restricted stock units and stock options, respectively.
F10Not applicable.
F2In connection with the transactions consummated on June 12, 2015, immediately after the effective time of the Holding Company Reorganization, New Monster issued to The Coca-Cola Company newly issued common shares of New Monster representing approximately 16.7% of the total number of outstanding New Monster common shares (giving effect to such issuance).
F3The options are currently vested.
F4The options are currently vested with respect to 20,000 shares. The remaining options vest on December 1, 2015.
F5The 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.
F6The 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.
F7Granted 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.
F8The 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.
F9The remaining restricted stock units vest in two equal installments on September 1, 2015 and 2016.