SEC Form 4 · accession 0001140361-15-034250
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
Sep 1, 2015
Accepted (ET)
Sep 2, 2015 · 5:31 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 StockF1 | Sep 1, 2015 | M | 5,000 | — | A | 268,936 | D | |
| Common Stock | Sep 1, 2015 | G | 5,000 | $0.00 | D | 263,936 | D | |
| Common StockF3 | Sep 1, 2015 | G | 5,000 | $0.00 | A | 5,000 | I | By MJCF Hall Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF9,F10,F11 | — | Sep 1, 2015 | M | 5,000 | D | — | — | Common Stock | 5,000 | 5,000 | D |
| Employee Stock Option (right to buy)F4 | $17.82 | holding | — | — | — | — | Dec 1, 2019 | Common Stock | 80,000 | 80,000 | D |
| Employee Stock Option (right to buy)F5 | $26.26 | holding | — | — | — | — | Dec 1, 2020 | Common Stock | 40,000 | 40,000 | D |
| Employee Stock Option (right to buy)F6 | $47.13 | holding | — | — | — | — | Mar 14, 2023 | Common Stock | 90,000 | 90,000 | D |
| Employee Stock Option (right to buy)F7 | $70.06 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | 30,000 | 30,000 | D |
| Employee Stock Option (right to buy)F8 | $135.48 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Each 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.
- F10The remaining restricted stock units vest on September 1, 2016.
- F11Not applicable.
- F2Represents the transfer of shares from the reporting person to a family trust, the beneficiaries of which are the reporting person and his spouse.
- F3The reporting person serves as co-trustee of the MJCF Hall Family Trust.
- F4The options are currently vested.
- F5The options are currently vested with respect to 20,000 shares. The remaining options vest on December 1, 2015.
- F6The 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.
- F7The 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.
- F8The options vest in five equal installments on March 13, 2016, 2017, 2018, 2019 and 2020.
- F9The 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.