SEC Form 4 · accession 0001140361-17-025628
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Polk
Director
Period of report
Jun 16, 2017
Accepted (ET)
Jun 20, 2017 · 7:28 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,F2 | Jun 16, 2017 | M | 3,237 | — | A | 27,045 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Jun 16, 2017 | M | 3,237 | D | Jun 16, 2017 | — | Common Stock | 3,237 | 0 | D |
| Restricted Stock UnitsF4,F5,F3 | — | Jun 19, 2017 | A | 3,244 | A | — | — | Common Stock | 3,244 | 3,244 | D |
| Stock Option (right to buy)F6,F7,F8 | $6.40 | holding | — | — | — | — | Jun 9, 2020 | Common Stock | — | 13,002 | D |
| Stock Option (right to buy)F9,F7,F8 | $11.35 | holding | — | — | — | — | May 18, 2021 | Common Stock | — | 7,770 | D |
Explanation of responses
- F1Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date. The reporting person settled these restricted stock units in 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 15,872 additional shares of common stock.
- F3Not applicable.
- F4Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date.
- F5The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2018 annual shareholder meeting, provided that the reporting person continues as a director of the Company through such date.
- F6This employee stock option was previously reported as covering 4,334 shares of common stock at an exercise price of $19.20 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
- F7The options are currently vested.
- F8No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F9This employee stock option was previously reported as covering 2,590 shares of common stock at an exercise price of $34.06 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.