SEC Form 4 · accession 0001140361-17-038068
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin Polk
Director
Period of report
Oct 6, 2017
Accepted (ET)
Oct 10, 2017 · 5:21 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 | holding | — | — | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF7,F6,F8 | — | Oct 6, 2017 | A | 271 | A | — | — | Common Stock | 271 | 271 | D |
| Restricted Stock UnitsF2,F3,F4,F1 | — | holding | — | — | — | — | — | Common Stock | — | 3,244 | D |
| Stock Option (right to buy)F5,F1 | $6.40 | holding | — | — | — | — | Jun 9, 2020 | Common Stock | — | 13,002 | D |
| Stock Option (right to buy)F5,F1 | $11.35 | holding | — | — | — | — | May 18, 2021 | Common Stock | — | 7,770 | D |
Explanation of responses
- F1No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F2Each 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.
- F3The 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.
- F4Not applicable.
- F5The options are currently vested.
- F6Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- F7Deferred Stock Units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors (the "Deferral Plan"), a sub-plan of the Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors, effective May 1, 2017, which may include voluntary deferred compensation.
- F8The Deferred Stock Units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.