SEC Form 4 · accession 0001140361-16-069778
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Polk
Director
Period of report
Jun 13, 2016
Accepted (ET)
Jun 14, 2016 · 6:53 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 | 7,936 | D |
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,F2 | — | Jun 13, 2016 | M | 972 | D | Jun 13, 2016 | — | Common Stock | 972 | 0 | D |
| Restricted Stock UnitsF3,F4,F2 | — | Jun 14, 2016 | A | 1,079 | A | — | — | Common Stock | 1,079 | 1,079 | D |
| Stock Option (right to buy)F5 | $19.20 | holding | — | — | — | — | Jun 9, 2020 | Common Stock | 4,334 | 4,334 | D |
| Stock Option (right to buy)F5 | $34.06 | holding | — | — | — | — | May 18, 2021 | Common Stock | 2,590 | 2,590 | 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.
- F2Not applicable.
- F3Each 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.
- F4The 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.
- F5The options are currently vested.