SEC Form 4 · accession 0001140361-15-025655
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hilton H Schlosberg
Officer — Vice Chairman and President · Director
Period of report
Jun 25, 2015
Accepted (ET)
Jun 29, 2015 · 11:23 am 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 | Jun 25, 2015 | M | 960,000 | $8.435 | A | 1,914,662 | D | |
| Common Stock | Jun 25, 2015 | F | 470,035 | $136.77 | D | 1,444,627 | D | |
| Common StockF1 | holding | — | — | — | 1,881,856 | I | By Brandon Limited Partnership No. 1 | |
| Common StockF1 | holding | — | — | — | 9,815,648 | I | By Brandon Limited Partnership No. 2 | |
| Common StockF1 | holding | — | — | — | 34,924 | I | By Hilrod Holdings IV, L.P. | |
| Common StockF1 | holding | — | — | — | 71,428 | I | By Hilrod Holdings V, L.P. | |
| Common StockF1 | holding | — | — | — | 107,900 | I | By Hilrod Holdings VI, L.P. | |
| Common StockF1 | holding | — | — | — | 40,072 | I | By Hilrod Holdings VII, L.P. | |
| Common StockF1 | holding | — | — | — | 189,528 | I | By Hilrod Holdings VIII, L.P. | |
| Common StockF1 | holding | — | — | — | 151,148 | I | By Hilrod Holdings IX, L.P. | |
| Common StockF1 | holding | — | — | — | 83,306 | I | By Hilrod Holdings X, L.P. | |
| Common StockF1 | holding | — | — | — | 168,414 | I | By Hilrod Holdings XI, L.P. | |
| Common StockF1 | holding | — | — | — | 153,534 | I | By Hilrod Holdings XII, L.P. | |
| Common StockF1 | holding | — | — | — | 727,354 | I | By Hilrod Holdings XIII, L.P. | |
| Common StockF1 | holding | — | — | — | 2,000,000 | I | By Hilrod Holdings XIV, L.P. | |
| Common StockF1 | holding | — | — | — | 287,736 | I | By Hilrod Holdings XV, L.P. | |
| Common StockF1 | holding | — | — | — | 30,068 | I | By RCS 2008 GRAT #2 | |
| Common StockF1 | holding | — | — | — | 68,438 | I | By RCS Direct 2011 GRAT |
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)F2 | $8.435 | Jun 25, 2015 | M | 960,000 | D | — | Nov 11, 2015 | Common Stock | 960,000 | 0 | D |
| Employee Stock Option (right to buy)F2 | $15.86 | holding | — | — | — | — | Jun 2, 2018 | Common Stock | 18,912 | 18,912 | D |
| Employee Stock Option (right to buy)F2 | $17.82 | holding | — | — | — | — | Dec 1, 2019 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F3 | $53.96 | holding | — | — | — | — | Jun 3, 2023 | Common Stock | 140,000 | 140,000 | D |
| Employee Stock Option (right to buy)F1,F2 | $53.96 | holding | — | — | — | — | Jun 3, 2023 | Common Stock | 70,000 | 70,000 | I |
| Employee Stock Option (right to buy)F4 | $70.06 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | 210,000 | 210,000 | D |
| Employee Stock Option (right to buy)F5 | $135.48 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | 79,200 | 79,200 | D |
| Restricted Stock UnitsF6,F7,F8 | — | holding | — | — | — | — | — | Common Stock | 38,100 | 38,100 | D |
Explanation of responses
- F1The reporting person 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. The reporting person is the co-trustee of RCS 2008 GRAT #2 and the trustee of RCS Direct 2011 GRAT.
- F2The options are currently vested.
- F3The options are currently vested with respect to 70,000 shares. The remaining options vest on June 3, 2016.
- F4The options are currently vested with respect to 70,000 shares. The remaining options vest in two equal installments on March 14, 2016 and 2017.
- F5The options vest in three equal installments on March 13, 2016, 2017 and 2018.
- 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 restricted stock units vest in three equal installments on March 13, 2016, 2017 and 2018.
- F8Not applicable.