SEC Form 4 · accession 0001140361-18-000281

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

Dec 28, 2017

Accepted (ET)

Jan 2, 2018 · 8:28 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 Stock^F2	Dec 28, 2017	S	201	$64.51	D	963,789	D
Common Stock^F2,F3	Dec 28, 2017	S	697	$64.51	D	2,297,593	I	By Hilrod Holdings XVI, L.P.
Common Stock^F3	holding	—	—		—	5,645,568	I	By Brandon Limited Partnership No. 1
Common Stock^F3	holding	—	—		—	29,386,944	I	By Brandon Limited Partnership No. 2
Common Stock^F3	holding	—	—		—	104,772	I	By Hilrod Holdings IV, L.P.
Common Stock^F3	holding	—	—		—	214,284	I	By Hilrod Holdings V, L.P.
Common Stock^F3	holding	—	—		—	323,700	I	By Hilrod Holdings VI, L.P.
Common Stock^F3	holding	—	—		—	120,216	I	By Hilrod Holdings VII, L.P.
Common Stock^F3	holding	—	—		—	568,584	I	By Hilrod Holdings VIII, L.P.
Common Stock^F3	holding	—	—		—	453,444	I	By Hilrod Holdings IX, L.P.
Common Stock^F3	holding	—	—		—	249,918	I	By Hilrod Holdings X, L.P.
Common Stock^F3	holding	—	—		—	505,242	I	By Hilrod Holdings XI, L.P.
Common Stock^F3	holding	—	—		—	327,186	I	By Hilrod Holdings XII, L.P.
Common Stock^F3	holding	—	—		—	1,440,954	I	By Hilrod Holdings XIII, L.P.
Common Stock^F3	holding	—	—		—	186,790	I	By Hilrod Holdings XIV, L.P.
Common Stock^F3	holding	—	—		—	4,176	I	By Hilrod Holdings XV, L.P.
Common Stock^F3	holding	—	—		—	3,091,215	I	By HHS 2010 GRAT #3
Common Stock^F3	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)^F4,F5	$5.94	holding	—	—	—	—	Dec 1, 2019	Common Stock	—	16,830	D
Employee Stock Option (right to buy)^F3,F4,F5	$5.94	holding	—	—	—	—	Dec 1, 2019	Common Stock	—	283,170	I
Employee Stock Option (right to buy)^F4,F5	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	11,118	D
Employee Stock Option (right to buy)^F3,F4,F5	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	408,882	I
Employee Stock Option (right to buy)^F3,F4,F5	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	210,000	I
Employee Stock Option (right to buy)^F4,F5	$23.35	holding	—	—	—	—	Mar 14, 2024	Common Stock	—	210,000	D
Employee Stock Option (right to buy)^F3,F4,F5	$23.35	holding	—	—	—	—	Mar 14, 2024	Common Stock	—	420,000	I
Employee Stock Option (right to buy)^F6,F5	$45.16	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	158,400	D
Employee Stock Option (right to buy)^F3,F4,F5	$45.16	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	79,200	I
Employee Stock Option (right to buy)^F7,F5	$43.99	holding	—	—	—	—	Mar 14, 2026	Common Stock	—	315,000	D
Employee Stock Option (right to buy)^F8,F5	$46.27	holding	—	—	—	—	Mar 14, 2027	Common Stock	—	305,500	D
Restricted Stock Units^{F9,F10,F11,F5}	—	holding	—	—	—	—	—	Common Stock	—	38,100	D
Restricted Stock Units^{F9,F12,F11,F5}	—	holding	—	—	—	—	—	Common Stock	—	78,000	D
Restricted Stock Units^{F9,F13,F11,F5}	—	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 remaining restricted stock units vest on March 13, 2018.
F11Not applicable.
F12The remaining restricted stock units vest in two equal installments on March 14, 2018 and 2019.
F13The 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 $64.50 to $64.54. 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.
F3The 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 HHS 2010 GRAT #3 and HHS 2014 GRAT #2.
F4The options are currently vested.
F5No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F6The options are currently vested with respect to 79,200 shares. The remaining options vest on March 13, 2018.
F7The options are currently vested with respect to 105,000 shares. The remaining options vest in two equal installments on March 14, 2018 and 2019.
F8The options vest in three equal installments on March 14, 2018, 2019 and 2020.
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.