SEC Form 4 · accession 0001140361-17-044980
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Kelly
Officer — Senior VP - Monster Energy Co.
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 10:44 am 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 | Dec 1, 2017 | M | 1,500 | — | A | 24,651 | 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 UnitsF9,F10,F11 | — | Dec 1, 2017 | M | 1,500 | A | — | — | Common Stock | 1,500 | 0 | D |
| Employee Stock Option (right to buy)F2,F3 | $15.71 | holding | — | — | — | — | Mar 14, 2023 | Common Stock | — | 33,750 | D |
| Employee Stock Option (right to buy)F4,F3 | $23.35 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 30,000 | D |
| Employee Stock Option (right to buy)F5,F3 | $37.10 | holding | — | — | — | — | Dec 1, 2024 | Common Stock | — | 45,000 | D |
| Employee Stock Option (right to buy)F6,F3 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 36,000 | D |
| Employee Stock Option (right to buy)F7,F3 | $43.99 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 37,500 | D |
| Employee Stock Option (right to buy)F8,F3 | $43.64 | holding | — | — | — | — | Dec 1, 2026 | Common Stock | — | 40,000 | 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.
- F10The restricted stock units are currently vested.
- F11Not applicable.
- F2The options are currently vested with respect to 20,250 shares. The remaining options vest on March 14, 2018.
- F3No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F4The options are currently vested with respect to 13,500 shares. The remaining options vest in two installments as follows: 7,500 shares on March 14, 2018; 9000 shares on March 14, 2019.
- F5The options are currently vested with respect to 20,250 shares. The remaining options vest in two installments as follows: 11,250 shares on December 1, 2018; 13,500 shares on December 1, 2019.
- F6The options are currently vested with respect to 14,400 shares. The remaining options vest in three equal installments on March 13, 2018, 2019 and 2020.
- F7The options are currently vested with respect to 3,750 shares. The remaining options vest in four installments as follows: 5,625 shares on March 14, 2018; 7,500 shares on March 14, 2019; 9,375 shares on March 14, 2020; 11,250 shares on March 14, 2021.
- F8The options are currently vested with respect to 4,000 shares. The remaining options vest in four installments as follows: 6,000 shares on December 1, 2018; 8,000 shares on December 1, 2019; 10,000 shares on December 1, 2020; 12,000 shares on December 1, 2021.
- F9The 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.