SEC Form 4 · accession 0001140361-17-012198

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

Mar 13, 2017

Accepted (ET)

Mar 15, 2017 · 8:39 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^F1,F2	Mar 13, 2017	M	38,100	—	A	1,677,942	D
Common Stock^F3	Mar 14, 2017	A	5,910	$0.00	A	1,683,852	D
Common Stock^F1	Mar 14, 2017	M	39,000	—	A	1,722,852	D
Common Stock^F4,F5	holding	—	—		—	5,645,568	I	By Brandon Limited Partnership No. 1
Common Stock^F6,F5	holding	—	—		—	29,386,944	I	By Brandon Limited Partnership No. 2
Common Stock^F7,F5	holding	—	—		—	104,772	I	By Hilrod Holdings IV, L.P.
Common Stock^F8,F5	holding	—	—		—	214,284	I	By Hilrod Holdings V, L.P.
Common Stock^F9,F5	holding	—	—		—	323,700	I	By Hilrod Holdings VI, L.P.
Common Stock^F10,F5	holding	—	—		—	120,216	I	By Hilrod Holdings VII, L.P.
Common Stock^F11,F5	holding	—	—		—	568,584	I	By Hilrod Holdings VIII, L.P.
Common Stock^F12,F5	holding	—	—		—	453,444	I	By Hilrod Holdings IX, L.P.
Common Stock^F13,F5	holding	—	—		—	249,918	I	By Hilrod Holdings X, L.P.
Common Stock^F14,F5	holding	—	—		—	505,242	I	By Hilrod Holdings XI, L.P.
Common Stock^F15,F5	holding	—	—		—	399,012	I	By Hilrod Holdings XII, L.P.
Common Stock^F16,F5	holding	—	—		—	1,440,954	I	By Hilrod Holdings XIII, L.P.
Common Stock^F17,F5	holding	—	—		—	925,878	I	By Hilrod Holdings XIV, L.P.
Common Stock^F18,F5	holding	—	—		—	8,832	I	By Hilrod Holdings XV, L.P.
Common Stock^F19,F5	holding	—	—		—	2,249,190	I	By Hilrod Holding XVI, L.P.
Common Stock^F20,F5	holding	—	—		—	231,363	I	By RCS 2009 GRAT #2
Common Stock^F21,F5	holding	—	—		—	28,722	I	By HHS 2014 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)^F38	$46.27	Mar 14, 2017	A	305,500	A	—	Mar 14, 2027	Common Stock	305,500	305,500	D
Restricted Stock Units^{F42,F39,F40,F41}	—	Mar 13, 2017	M	38,100	A	—	—	Common Stock	38,100	38,100	D
Restricted Stock Units^{F44,F39,F43,F41}	—	Mar 14, 2017	M	39,000	A	—	—	Common Stock	39,000	78,000	D
Restricted Stock Units^F39,F45,F41	—	Mar 14, 2017	A	116,100	A	—	—	Common Stock	116,100	116,100	D
Employee Stock Option (right to buy)^F22,F23,F24	$5.29	holding	—	—	—	—	Jun 2, 2018	Common Stock	—	58,623	D
Employee Stock Option (right to buy)^{F25,F5,F23,F24}	$5.29	holding	—	—	—	—	Jun 2, 2018	Common Stock	—	186,228	I
Employee Stock Option (right to buy)^F26,F23,F24	$5.94	holding	—	—	—	—	Dec 1, 2019	Common Stock	—	16,830	D
Employee Stock Option (right to buy)^{F27,F5,F23,F24}	$5.94	holding	—	—	—	—	Dec 1, 2019	Common Stock	—	283,170	I
Employee Stock Option (right to buy)^F28,F23,F24	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	11,118	D
Employee Stock Option (right to buy)^{F29,F5,F23,F24}	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	408,882	I
Employee Stock Option (right to buy)^{F30,F5,F23,F24}	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	210,000	I
Employee Stock Option (right to buy)^F31,F23,F24	$23.35	holding	—	—	—	—	Mar 14, 2024	Common Stock	—	210,000	D
Employee Stock Option (right to buy)^{F32,F5,F23,F24}	$23.35	holding	—	—	—	—	Mar 14, 2024	Common Stock	—	420,000	I
Employee Stock Option (right to buy)^F33,F34,F24	$45.16	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	158,400	D
Employee Stock Option (right to buy)^{F35,F5,F23,F24}	$45.16	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	79,200	I
Employee Stock Option (right to buy)^F36,F37	$43.99	holding	—	—	—	—	Mar 14, 2026	Common Stock	—	315,000	D

Explanation of responses

F1Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock.
F10On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 80,144 additional shares of common stock.
F11On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 379,056 additional shares of common stock.
F12On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 302,296 additional shares of common stock.
F13On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 166,612 additional shares of common stock.
F14On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 336,828 additional shares of common stock.
F15On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 266,008 additional shares of common stock.
F16On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 960,636 additional shares of common stock.
F17On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 617,252 additional shares of common stock.
F18On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 5,888 additional shares of common stock.
F19On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 1,499,460 additional shares of common stock.
F2On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 1,093,228 additional shares of common stock.
F20On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 154,242 additional shares of common stock.
F21On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 19,148 additional shares of common stock.
F22This employee stock option was previously reported as covering 19,541 shares of common stock at an exercise price of $15.86 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
F23The options are currently vested.
F24No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F25This employee stock option was previously reported as covering 62,076 shares of common stock at an exercise price of $15.86 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
F26This employee stock option was previously reported as covering 5,610 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.
F27This employee stock option was previously reported as covering 94,390 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.
F28This employee stock option was previously reported as covering 3,706 shares of common stock at an exercise price of $53.96 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
F29This employee stock option was previously reported as covering 136,294 shares of common stock at an exercise price of $53.96 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
F3The common stock award was granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan. The award is immediately vested.
F30This employee stock option was previously reported as covering 70,000 shares of common stock at an exercise price of $53.96 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
F31This employee stock option was previously reported as covering 70,000 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.
F32This employee stock option was previously reported as covering 140,000 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.
F33This employee stock option was previously reported as covering 52,800 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.
F34The options are currently vested with respect to 79,200 shares. The remaining options vest on March 14, 2018.
F35This employee stock option was previously reported as covering 26,400 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.
F36This employee stock option was previously reported as covering 105,000 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.
F37The options are currently vested with respect to 105,000 shares. The remaining options vest in two equal installments on March 14, 2018 and 2019.
F38The options vest in three equal installments on March 14, 2018, 2019 and 2020.
F39The 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.
F4On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 3,763,712 additional shares of common stock.
F40The remaining restricted stock units vest on March 13, 2018.
F41Not applicable.
F42These restricted stock units were previously reported as covering 25,400 shares of common stock, but were adjusted to reflect the stock split that occurred on November 9, 2016.
F43The remaining restricted stock units vest in two equal installments on March 14, 2018 and 2019.
F44These restricted stock units were previously reported as covering 39,000 shares of common stock, but were adjusted to reflect the stock split that occurred on November 9, 2016.
F45The restricted stock units vest in three equal installments on March 14, 2018, 2019 and 2020.
F5The 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., and Hilrod Holdings XVI, L.P. The reporting person is the trustee of each of RCS 2009 GRAT #2 and HHS 2014 GRAT #2.
F6On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 19,591,296 additional shares of common stock.
F7On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 69,848 additional shares of common stock.
F8On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 142,856 additional shares of common stock.
F9On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 215,800 additional shares of common stock.