SEC Form 4 · accession 0001140361-16-088835
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Hall
Officer — Chief Marketing Officer - MEC · Director
Period of report
Dec 1, 2016
Accepted (ET)
Dec 5, 2016 · 4:52 pm EST
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 | holding | — | — | — | 791,808 | D | ||
| Common StockF2,F3 | holding | — | — | — | 30,000 | I | By MJCF Hall Family Trust |
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)F16 | $43.64 | Dec 1, 2016 | A | 100,000 | A | — | Dec 1, 2026 | Common Stock | 100,000 | 100,000 | D |
| Employee Stock Option (right to buy)F4,F5,F6 | $5.94 | holding | — | — | — | — | Dec 1, 2019 | Common Stock | — | 240,000 | D |
| Employee Stock Option (right to buy)F7,F5,F6 | $8.75 | holding | — | — | — | — | Dec 1, 2020 | Common Stock | — | 120,000 | D |
| Employee Stock Option (right to buy)F8,F9,F6 | $15.71 | holding | — | — | — | — | Mar 14, 2023 | Common Stock | — | 270,000 | D |
| Employee Stock Option (right to buy)F10,F11,F6 | $23.35 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 90,000 | D |
| Employee Stock Option (right to buy)F12,F13,F6 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 300,000 | D |
| Employee Stock Option (right to buy)F14,F15,F6 | $43.99 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 90,000 | D |
Explanation of responses
- F1On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 527,872 additional shares of common stock.
- F10This employee stock option was previously reported as covering 30,000 shares of common stock at an exercise price of $70.06 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
- F11The options are currently vested with respect to 22,500 shares. The remaining options vest in three installments as follows: 18,000 shares on March 14, 2017; 22,500 shares on March 14, 2018; 27,000 shares on March 14, 2019. The options will become exercisable on the one year anniversary from the date on which they vested.
- F12This employee stock option was previously reported as covering 100,000 shares of common stock at an exercise price of $135.48 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
- F13The options are currently vested with respect to 60,000 shares. The remaining options vest in four equal installments on March 13, 2017, 2018, 2019 and 2020.
- F14This employee stock option was previously reported as covering 30,000 shares of common stock at an exercise price of $131.96 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
- F15The options vest in three equal installments on March 14, 2017, 2018 and 2019.
- F16Granted December 1, 2016 pursuant to the Company's 2011 Stock Option Plan (which is a Rule 16b-3(d)(1) plan) and Equity Grant Procedures. The options vest in five equal installments on December 1, 2017, 2018, 2019, 2020 and 2021.
- F2On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 20,000 additional shares of common stock.
- F3The reporting person serves as co-trustee of the MJCF Hall Family Trust.
- F4This employee stock option was previously reported as covering 80,000 shares of common stock at an exercise price of $17.82 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
- F5The options are currently vested.
- F6No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F7This employee stock option was previously reported as covering 40,000 shares of common stock at an exercise price of $26.26 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
- F8This employee stock option was previously reported as covering 90,000 shares of common stock at an exercise price of $47.13 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
- F9The options are currently vested with respect to 105,000 shares. The remaining options vest in two installments as follows: 75,000 shares on March 14, 2017; 90,000 shares on March 14, 2018.