SEC Form 4 · accession 0001140361-15-043495
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Kelly
Officer — Senior VP - Monster Energy Co.
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 11:59 am EST
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 | Dec 1, 2015 | M | 500 | — | A | 500 | D | |
| Common Stock | Dec 1, 2015 | M | 8,000 | $15.86 | A | 8,500 | D | |
| Common Stock | Dec 1, 2015 | M | 8,000 | $18.07 | A | 16,500 | D | |
| Common Stock | Dec 1, 2015 | M | 8,000 | $17.82 | A | 24,500 | D | |
| Common Stock | Dec 1, 2015 | M | 12,000 | $26.26 | A | 36,500 | D | |
| Common Stock | Dec 1, 2015 | M | 3,750 | $47.13 | A | 40,250 | D | |
| Common StockF2 | Dec 1, 2015 | S | 24,082 | $157.979 | D | 16,168 | D | |
| Common StockF3 | Dec 1, 2015 | S | 1,951 | $157.809 | D | 14,217 | 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)F4 | $15.86 | Dec 1, 2015 | M | 8,000 | D | — | Jun 2, 2018 | Common Stock | 8,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $18.07 | Dec 1, 2015 | M | 8,000 | D | — | Jun 1, 2019 | Common Stock | 8,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $17.82 | Dec 1, 2015 | M | 8,000 | D | — | Dec 1, 2019 | Common Stock | 8,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $26.26 | Dec 1, 2015 | M | 12,000 | D | — | Dec 1, 2020 | Common Stock | 12,000 | 0 | D |
| Employee Stock Option (right to buy)F5 | $47.13 | Dec 1, 2015 | M | 3,750 | D | — | Mar 14, 2023 | Common Stock | 3,750 | 11,250 | D |
| Restricted Stock UnitsF10,F13,F12 | — | Dec 1, 2015 | M | 500 | D | — | — | Common Stock | 500 | 1,000 | D |
| Employee Stock Option (right to buy)F6,F7 | $70.06 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 10,000 | D |
| Employee Stock Option (right to buy)F8,F7 | $111.30 | holding | — | — | — | — | Dec 1, 2024 | Common Stock | — | 15,000 | D |
| Employee Stock Option (right to buy)F9,F7 | $135.48 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 12,000 | D |
| Restricted Stock UnitsF10,F11,F12,F7 | — | holding | — | — | — | — | — | Common Stock | — | 3,000 | 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 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.
- F11The restricted stock units vest in two equal installments on June 1, 2016 and 2017.
- F12Not applicable.
- F13The remaining restricted stock units vest in two equal installments on December 1, 2016 and 2017.
- F2This transaction was executed in multiple trades at prices ranging from $157.82 to $158.02. 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.
- F3This transaction was executed in multiple trades at prices ranging from $157.61 to $157.925. 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.
- F4The options are currently vested.
- F5The remaining options vest in three installments as follows: 3,000 shares on March 14, 2016; 3,750 shares on March 14, 2017; 4,500 shares on March 14, 2018.
- F6The options are currently vested with respect to 1,000 shares. The remaining options vest in four installments as follows: 1,500 shares on March 14, 2016; 2,000 shares on March 14, 2017; 2,500 shares on March 14, 2018; 3,000 shares on March 14, 2019. The options will become exercisable on the one year anniversary from the date on which they vested.
- F7No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F8The options are currently vested with respect to 1,500 shares. The remaining options vest in four installments as follows: 2,250 shares on December 1, 2016; 3,000 shares on December 1, 2017; 3,750 shares on December 1, 2018; 4,500 shares on December 1, 2019. The options will become exercisable on the one year anniversary from the date on which they vested.
- F9The options vest in five equal installments on March 13, 2016, 2017, 2018, 2019 and 2020.