SEC Form 4 · accession 0001140361-17-047409
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hilton H Schlosberg
Officer — Vice Chairman and President · Director
Period of report
Dec 21, 2017
Accepted (ET)
Dec 26, 2017 · 7:11 pm 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 StockF2 | Dec 21, 2017 | S | 22,252 | $64.01 | D | 1,001,937 | D | |
| Common StockF3 | Dec 22, 2017 | S | 12,347 | $63.35 | D | 989,590 | D | |
| Common StockF4 | Dec 26, 2017 | S | 7,950 | $63.88 | D | 981,640 | D | |
| Common StockF2,F5 | Dec 21, 2017 | S | 77,036 | $64.01 | D | 2,368,566 | I | By Hilrod Holdings XVI, L.P. |
| Common StockF3,F5 | Dec 22, 2017 | S | 42,746 | $63.35 | D | 2,325,820 | I | By Hilrod Holdings XVI, L.P. |
| Common StockF4,F5 | Dec 26, 2017 | S | 27,530 | $63.88 | D | 2,298,290 | I | By Hilrod Holdings XVI, L.P. |
| Common StockF5 | holding | — | — | — | 5,645,568 | I | By Brandon Limited Partnership No. 1 | |
| Common StockF5 | holding | — | — | — | 29,386,944 | I | By Brandon Limited Partnership No. 2 | |
| Common StockF5 | holding | — | — | — | 104,772 | I | By Hilrod Holdings IV, L.P. | |
| Common StockF5 | holding | — | — | — | 214,284 | I | By Hilrod Holdings V, L.P. | |
| Common StockF5 | holding | — | — | — | 323,700 | I | By Hilrod Holdings VI, L.P. | |
| Common StockF5 | holding | — | — | — | 120,216 | I | By Hilrod Holdings VII, L.P. | |
| Common StockF5 | holding | — | — | — | 568,584 | I | By Hilrod Holdings VIII, L.P. | |
| Common StockF5 | holding | — | — | — | 453,444 | I | By Hilrod Holdings IX, L.P. | |
| Common StockF5 | holding | — | — | — | 249,918 | I | By Hilrod Holdings X, L.P. | |
| Common StockF5 | holding | — | — | — | 505,242 | I | By Hilrod Holdings XI, L.P. | |
| Common StockF5 | holding | — | — | — | 327,186 | I | By Hilrod Holdings XII, L.P. | |
| Common StockF5 | holding | — | — | — | 1,440,954 | I | By Hilrod Holdings XIII, L.P. | |
| Common StockF5 | holding | — | — | — | 186,790 | I | By Hilrod Holdings XIV, L.P. | |
| Common StockF5 | holding | — | — | — | 4,176 | I | By Hilrod Holdings XV, L.P. | |
| Common StockF5 | holding | — | — | — | 90,204 | I | By RCS 2008 GRAT #2 | |
| Common StockF5 | holding | — | — | — | 231,363 | I | By RCS 2009 GRAT #2 | |
| Common StockF5 | holding | — | — | — | 105,486 | I | By RCS Direct 2010 GRAT | |
| Common StockF5 | holding | — | — | — | 4,836 | I | By RCS Direct 2010 GRAT #2 | |
| Common StockF5 | holding | — | — | — | 1,639,842 | I | By RCS 2010 GRAT #3 | |
| Common StockF5 | holding | — | — | — | 80,598 | I | By RCS Direct 2011 GRAT |
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)F6,F7 | $5.94 | holding | — | — | — | — | Dec 1, 2019 | Common Stock | — | 16,830 | D |
| Employee Stock Option (right to buy)F5,F6,F7 | $5.94 | holding | — | — | — | — | Dec 1, 2019 | Common Stock | — | 283,170 | I |
| Employee Stock Option (right to buy)F6,F7 | $17.99 | holding | — | — | — | — | Jun 3, 2023 | Common Stock | — | 11,118 | D |
| Employee Stock Option (right to buy)F5,F6,F7 | $17.99 | holding | — | — | — | — | Jun 3, 2023 | Common Stock | — | 408,882 | I |
| Employee Stock Option (right to buy)F5,F6,F7 | $17.99 | holding | — | — | — | — | Jun 3, 2023 | Common Stock | — | 210,000 | I |
| Employee Stock Option (right to buy)F6,F7 | $23.35 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 210,000 | D |
| Employee Stock Option (right to buy)F5,F6,F7 | $23.35 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 420,000 | I |
| Employee Stock Option (right to buy)F8,F7 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 158,400 | D |
| Employee Stock Option (right to buy)F5,F6,F7 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 79,200 | I |
| Employee Stock Option (right to buy)F9,F7 | $43.99 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 315,000 | D |
| Employee Stock Option (right to buy)F10,F7 | $46.27 | holding | — | — | — | — | Mar 14, 2027 | Common Stock | — | 305,500 | D |
| Restricted Stock UnitsF11,F12,F13,F7 | — | holding | — | — | — | — | — | Common Stock | — | 38,100 | D |
| Restricted Stock UnitsF11,F14,F13,F7 | — | holding | — | — | — | — | — | Common Stock | — | 78,000 | D |
| Restricted Stock UnitsF11,F15,F13,F7 | — | holding | — | — | — | — | — | Common Stock | — | 116,100 | D |
Explanation of responses
- F1Sale of shares pursuant to a Rule 10b5-1 trading plan adopted December 14, 2017.
- F10The options vest in three equal installments on March 14, 2018, 2019 and 2020.
- F11The 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.
- F12The remaining restricted stock units vest on March 13, 2018.
- F13Not applicable.
- F14The remaining restricted stock units vest in two equal installments on March 14, 2018 and 2019.
- F15The restricted stock units vest in three equal installments on March 14, 2018, 2019 and 2020.
- F2This transaction was executed in multiple trades at prices ranging from $63.57 to $64.41. 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 of a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3This transaction was executed in multiple trades at prices ranging from $63.52 to $64.05. 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 of a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4This transaction was executed in multiple trades at prices ranging from $63.27 to $64.09. 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 of a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- 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 RCS 2008 GRAT #2, RCS 2009 GRAT #2, RCS Direct 2010 GRAT, RCS Direct 2010 GRAT #2, RCS 2010 GRAT #3 and RCS Direct 2011 GRAT.
- F6The options are currently vested.
- F7No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F8The options are currently vested with respect to 79,200 shares. The remaining options vest on March 13, 2018.
- F9The options are currently vested with respect to 105,000 shares. The remaining options vest in two equal installments on March 14, 2018 and 2019.