SEC Form 4 · accession 0001140361-17-011831
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
Mar 13, 2017
Accepted (ET)
Mar 13, 2017 · 9:55 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 | Mar 13, 2017 | M | 240,000 | $5.94 | A | 1,031,808 | D | |
| Common Stock | Mar 13, 2017 | M | 120,000 | $8.75 | A | 1,151,808 | D | |
| Common Stock | Mar 13, 2017 | M | 105,000 | $15.71 | A | 1,256,808 | D | |
| Common Stock | Mar 13, 2017 | M | 22,500 | $23.35 | A | 1,279,308 | D | |
| Common StockF1 | Mar 13, 2017 | S | 487,500 | $46.341 | D | 791,808 | D | |
| Common StockF2 | 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)F3 | $5.94 | Mar 13, 2017 | M | 240,000 | D | — | Dec 1, 2019 | Common Stock | 240,000 | 0 | D |
| Employee Stock Option (right to buy)F3 | $8.75 | Mar 13, 2017 | M | 120,000 | D | — | Dec 1, 2020 | Common Stock | 120,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $15.71 | Mar 13, 2017 | M | 105,000 | D | — | Mar 14, 2023 | Common Stock | 105,000 | 165,000 | D |
| Employee Stock Option (right to buy)F5 | $23.35 | Mar 13, 2017 | M | 22,500 | D | — | Mar 14, 2024 | Common Stock | 22,500 | 67,500 | D |
| Employee Stock Option (right to buy)F6,F7 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 300,000 | D |
| Employee Stock Option (right to buy)F8,F7 | $43.99 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 90,000 | D |
| Employee Stock Option (right to buy)F9,F7 | $43.64 | holding | — | — | — | — | Dec 1, 2026 | Common Stock | — | 100,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $46.175 to $46.60. 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.
- F2The reporting person serves as co-trustee of the MJCF Hall Family Trust.
- F3The options are currently vested.
- F4The remaining options vest in two installments as follows: 75,000 shares on March 14, 2017; 90,000 shares on March 14, 2018.
- F5The 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.
- F6The options are currently vested with respect to 120,000 shares. The remaining options vest in three equal installments on March 13, 2018, 2019 and 2020.
- F7No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F8The options vest in three equal installments on March 14, 2017, 2018 and 2019.
- F9The options vest in five equal installments on December 1, 2017, 2018, 2019, 2020 and 2021.