SEC Form 4 · accession 0001140361-16-058871

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

Mar 21, 2016

Accepted (ET)

Mar 23, 2016 · 7:33 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^F2	Mar 21, 2016	J	84,859	—	D	1,482,744	D
Common Stock	Mar 22, 2016	G	207,350	$0.00	A	1,690,094	D
Common Stock^F4	holding	—	—		—	1,881,856	I	By Brandon Limited Partnership No. 1
Common Stock^F4	holding	—	—		—	9,795,648	I	By Brandon Limited Partnership No. 2
Common Stock^F4	holding	—	—		—	34,924	I	By Hilrod Holdings IV, L.P.
Common Stock^F4	holding	—	—		—	71,428	I	By Hilrod Holdings V, L.P.
Common Stock^F4	holding	—	—		—	107,900	I	By Hilrod Holdings VI, L.P.
Common Stock^F4	holding	—	—		—	40,072	I	By Hilrod Holdings VII, L.P.
Common Stock^F4	holding	—	—		—	189,528	I	By Hilrod Holdings VIII, L.P.
Common Stock^F4	holding	—	—		—	151,148	I	By Hilrod Holdings IX, L.P.
Common Stock^F4	holding	—	—		—	83,306	I	By Hilrod Holdings X, L.P.
Common Stock^F4	holding	—	—		—	168,414	I	By Hilrod Holdings XI, L.P.
Common Stock^F4	holding	—	—		—	153,534	I	By Hilrod Holdings XII, L.P.
Common Stock^F4	holding	—	—		—	727,354	I	By Hilrod Holdings XIII, L.P.
Common Stock^F4	holding	—	—		—	1,823,322	I	By Hilrod Holdings XIV, L.P.
Common Stock^F4	holding	—	—		—	233,628	I	By Hilrod Holdings XV, L.P.
Common Stock^F4	holding	—	—		—	30,068	I	By RCS 2008 GRAT #2
Common Stock^F4	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)^F6	$15.86	Mar 22, 2016	G	62,705	A	—	Jun 2, 2018	Common Stock	62,705	81,617	D
Employee Stock Option (right to buy)^F6,F7	$17.82	holding	—	—	—	—	Dec 1, 2019	Common Stock	—	100,000	D
Employee Stock Option (right to buy)^F8,F7	$53.96	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	140,000	D
Employee Stock Option (right to buy)^F4,F6,F7	$53.96	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	70,000	I
Employee Stock Option (right to buy)^F9,F7	$70.06	holding	—	—	—	—	Mar 14, 2024	Common Stock	—	210,000	D
Employee Stock Option (right to buy)^F10,F7	$135.48	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	79,200	D
Employee Stock Option (right to buy)^F11,F7	$131.96	holding	—	—	—	—	Mar 24, 2026	Common Stock	—	105,000	D
Restricted Stock Units^{F12,F13,F14,F7}	—	holding	—	—	—	—	—	Common Stock	—	25,400	D
Restricted Stock Units^{F12,F15,F14,F7}	—	holding	—	—	—	—	—	Common Stock	—	39,000	D

Explanation of responses

F1Represents shares transferred from the reporting person to a grantor retained annuity trust with an independent trustee in satisfaction of a loan made by such grantor retained annuity trust to the reporting person in connection with the payment of taxes.
F10The options are currently vested with respect to 26,400 shares. The remaining options vest in two equal installments on March 14, 2017 and 2018.
F11The options vest in three equal installments on March 14, 2017, 2018 and 2019.
F12The 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.
F13The remaining restricted stock units vest in two equal installments on March 13, 2017 and 2018.
F14Not applicable.
F15The restricted stock units vest in three equal installments on March 14, 2017, 2018 and 2019.
F2The aggregate amount of principal and accrued interest outstanding on such loan was approximately $11.6 million. The number of shares transferred to the grantor retained annuity trust was calculated based on $136.615, which was the average trading price of the issuer's common stock on March 18, 2016.
F3Represents shares transferred to the reporting person as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust with an independent trustee.
F4The 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.
F5Represents options transferred to the reporting person as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust with an independent trustee.
F6The options are currently 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 70,000 shares. The remaining options vest on June 3, 2016.
F9The options are currently vested with respect to 140,000 shares. The remaining options vest on March 14, 2017.