SEC Form 4 · accession 0001140361-16-070193

Monster Beverage Corp · MNST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Rodney C Sacks

Officer — Chairman and CEO · Director

Period of report

Jun 15, 2016

Accepted (ET)

Jun 17, 2016 · 3:44 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	May 9, 2016	G	30,955	$0.00	A	1,799,053	D
Common Stock	Jun 15, 2016	S	877,005	$156.00	D	922,048	D
Common Stock^F3	Jun 15, 2016	S	146,188	$156.00	D	489,892	I	By Hilrod Holdings XIII, L.P.
Common Stock^F3	Jun 15, 2016	S	1,142,411	$156.00	D	680,911	I	By Hilrod Holdings XIV, L.P.
Common Stock^F3	Jun 15, 2016	S	230,684	$156.00	D	2,944	I	By Hilrod Holdings XV, L.P.
Common Stock^F3	holding	—	—		—	1,881,856	I	By Brandon Limited Partnership No. 1
Common Stock^F3	holding	—	—		—	9,795,648	I	By Brandon Limited Partnership No. 2
Common Stock^F3	holding	—	—		—	34,924	I	By Hilrod Holdings IV, L.P.
Common Stock^F3	holding	—	—		—	71,428	I	By Hilrod Holdings V, L.P.
Common Stock^F3	holding	—	—		—	107,900	I	By Hilrod Holdings VI, L.P.
Common Stock^F3	holding	—	—		—	40,072	I	By Hilrod Holdings VII, L.P.
Common Stock^F3	holding	—	—		—	189,528	I	By Hilrod Holdings VIII, L.P.
Common Stock^F3	holding	—	—		—	151,148	I	By Hilrod Holdings IX, L.P.
Common Stock^F3	holding	—	—		—	83,306	I	By Hilrod Holdings X, L.P.
Common Stock^F3	holding	—	—		—	168,414	I	By Hilrod Holdings XI, L.P.
Common Stock^F3	holding	—	—		—	133,004	I	By Hilrod Holdings XII, L.P.
Common Stock^F3	holding	—	—		—	77,121	I	By RCS 2009 GRAT #2
Common Stock^F3	holding	—	—		—	35,162	I	By RCS Direct 2010 GRAT
Common Stock^F3	holding	—	—		—	1,612	I	By RCS Direct 2010 GRAT #2

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,F5	$15.86	holding	—	—	—	—	Jun 2, 2018	Common Stock	—	81,617	D
Employee Stock Option (right to buy)^F4,F5	$17.82	holding	—	—	—	—	Dec 1, 2019	Common Stock	—	100,000	D
Employee Stock Option (right to buy)^F4,F5	$53.96	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	140,000	D
Employee Stock Option (right to buy)^F3,F4,F5	$53.96	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	70,000	I
Employee Stock Option (right to buy)^F6,F5	$70.06	holding	—	—	—	—	Mar 14, 2024	Common Stock	—	210,000	D
Employee Stock Option (right to buy)^F7,F5	$135.48	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	79,200	D
Employee Stock Option (right to buy)^F8,F5	$131.96	holding	—	—	—	—	Mar 14, 2026	Common Stock	—	105,000	D
Restricted Stock Units^{F9,F10,F11,F5}	—	holding	—	—	—	—	—	Common Stock	—	25,400	D
Restricted Stock Units^{F9,F12,F11,F5}	—	holding	—	—	—	—	—	Common Stock	—	39,000	D

Explanation of responses

F1Represents 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.
F10The remaining restricted stock units vest in two equal installments on March 13, 2017 and 2018.
F11Not applicable.
F12The restricted stock units vest in three equal installments on March 14, 2017, 2018 and 2019.
F2Represents shares tendered by the reporting person and accepted for purchase by the Company in the modified "Dutch auction" tender offer commenced by the Company on May 10, 2016 (The final results of which were announced by the Company on June 14, 2016).
F3The 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 trustee of each of RCS 2009 GRAT #2, RCS Direct 2010 GRAT and RCS Direct 2010 GRAT #2.
F4The options are currently vested.
F5No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F6The options are currently vested with respect to 140,000 shares. The remaining options vest on March 14, 2017.
F7The options are currently vested with respect to 26,400 shares. The remaining options vest in two equal installments on March 14, 2017 and 2018.
F8The options vest in three equal installments on March 14, 2017, 2018 and 2019.
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.