SEC Form 4 · accession 0001140361-16-069776
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Norman Epstein
Director
Period of report
Jun 13, 2016
Accepted (ET)
Jun 14, 2016 · 6:51 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 | Jun 13, 2016 | M | 972 | — | A | 6,271 | D | |
| Common StockF2 | holding | — | — | — | 8,000 | I | By Shoreland Investments Limited |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Jun 13, 2016 | M | 972 | D | Jun 13, 2016 | — | Common Stock | 972 | 0 | D |
| Restricted Stock UnitsF4,F5,F3 | — | Jun 14, 2016 | A | 1,079 | A | — | — | Common Stock | 1,079 | 1,079 | D |
Explanation of responses
- F1Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date. The reporting person settled these restricted stock units in shares of common stock.
- F2The reporting person is a director of Shoreland Investments Limited and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- F3Not applicable.
- F4Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date.
- F5The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2017 annual shareholder meeting, provided that the reporting person continues as a director of the Company through such date.