SEC Form 4 · accession 0001140361-16-075790
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
Aug 9, 2016
Accepted (ET)
Aug 11, 2016 · 12:18 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 | Aug 9, 2016 | S | 10,000 | $159.66 | D | 5,717 | 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)F2,F3 | $47.13 | holding | — | — | — | — | Mar 14, 2023 | Common Stock | — | 11,250 | D |
| Employee Stock Option (right to buy)F4,F3 | $70.06 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 10,000 | D |
| Employee Stock Option (right to buy)F5,F3 | $111.30 | holding | — | — | — | — | Dec 1, 2024 | Common Stock | — | 15,000 | D |
| Employee Stock Option (right to buy)F6,F3 | $135.48 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 12,000 | D |
| Employee Stock Option (right to buy)F7,F3 | $131.96 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 12,500 | D |
| Restricted Stock UnitsF8,F9,F10,F3 | — | holding | — | — | — | — | — | Common Stock | — | 1,500 | D |
| Restricted Stock UnitsF8,F11,F10,F3 | — | holding | — | — | — | — | — | Common Stock | — | 1,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $159.491 to $159.831. 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.
- F10Not applicable.
- F11The remaining restricted stock units vest in two equal installments on December 1, 2016 and 2017.
- F2The options are currently vested with respect to 3,000 shares. The remaining options vest in two installments as follows: 3,750 shares on March 14, 2017; 4,500 shares on March 14, 2018.
- F3No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F4The options are currently vested with respect to 2,500 shares. The remaining options vest in three installments as follows: 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.
- F5The 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.
- F6The options are currently vested with respect to 2,400 shares. The remaining options vest in four equal installments on March 13, 2017, 2018, 2019 and 2020.
- F7The options vest in five installments as follows: 1,250 shares on March 14, 2017;1,875 shares on March 14, 2018; 2,500 shares on March 14, 2019; 3,125 shares on March 14, 2020; 3,750 shares on March 14, 2021.
- F8The 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.
- F9The remaining restricted stock units vest on June 1, 2017.