SEC Form 4 · accession 0001140361-18-013732
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Hall
Director
Period of report
Mar 14, 2018
Accepted (ET)
Mar 15, 2018 · 8:17 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 | Mar 14, 2018 | M | 90,000 | $15.71 | A | 120,000 | I | By MJCF Hall Family Trust |
| Common StockF1 | Mar 14, 2018 | M | 22,500 | $23.35 | A | 142,500 | I | By MJCF Hall Family Trust |
| Common StockF2,F1 | Mar 14, 2018 | S | 33,000 | $58.11 | D | 109,500 | I | By MJCF Hall Family Trust |
| Common StockF1 | Mar 14, 2018 | F | 33,692 | $58.73 | D | 75,808 | I | By MJCF Hall Family Trust |
| Common Stock | holding | — | — | — | 791,808 | D |
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)F3 | $15.71 | Mar 14, 2018 | M | 90,000 | D | — | Mar 14, 2023 | Common Stock | 90,000 | 0 | D |
| Employee Stock Option (right to buy)F4 | $23.35 | Mar 14, 2018 | M | 22,500 | D | — | Mar 14, 2024 | Common Stock | 22,500 | 27,000 | D |
| Employee Stock Option (right to buy)F9 | $58.73 | Mar 14, 2018 | A | 50,000 | A | — | Mar 14, 2028 | Common Stock | 50,000 | 50,000 | D |
| Employee Stock Option (right to buy)F5,F6 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 300,000 | D |
| Employee Stock Option (right to buy)F7,F6 | $43.99 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 90,000 | D |
| Employee Stock Option (right to buy)F8,F6 | $43.64 | holding | — | — | — | — | Dec 1, 2026 | Common Stock | — | 100,000 | D |
Explanation of responses
- F1The reporting person serves as co-trustee of the MJCF Hall Family Trust.
- F2This transaction was executed in multiple trades at prices ranging from $58.02 to $58.21. 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 or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3The options are fully vested.
- F4The options are currently vested with respect to 22,500 shares. The remaining options vest on March 14, 2019.
- F5The options are currently vested with respect to 180,000 shares. The remaining options vest in two equal installments on March 13, 2019 and 2020.
- F6No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F7The options are currently vested with respect to 60,000 shares. The remaining options vest on March 14, 2019.
- F8The options are currently vested with respect to 20,000 shares. The remaining options vest in four equal installments on December 1, 2018, 2019, 2020 and 2021.
- F9The options vest in five installments as follows: 5,000 shares on March 14, 2019; 7,500 shares on March 14, 2020; 10,000 shares on March 14, 2021; 12,500 shares on March 14, 2022; 15,000 shares on March 14, 2023.