SEC Form 4 · accession 0001567619-18-008051
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J Kelly
Officer — EVP Finance Monster Energy Co.
Period of report
Dec 13, 2018
Accepted (ET)
Dec 14, 2018 · 7:27 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 | Dec 13, 2018 | M | 14,661 | $15.71 | A | 24,312 | D | |
| Common StockF1 | Dec 13, 2018 | S | 14,661 | $53.73 | D | 9,651 | 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)F2 | $15.71 | Dec 13, 2018 | M | 14,661 | D | — | Mar 14, 2023 | Common Stock | 14,661 | 19,089 | D |
| Employee Stock Option (right to buy)F3,F4 | $23.35 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 30,000 | D |
| Employee Stock Option (right to buy)F5,F4 | $37.10 | holding | — | — | — | — | Dec 1, 2024 | Common Stock | — | 45,000 | D |
| Employee Stock Option (right to buy)F6,F4 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 36,000 | D |
| Employee Stock Option (right to buy)F7,F4 | $43.99 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 37,500 | D |
| Employee Stock Option (right to buy)F8,F4 | $43.64 | holding | — | — | — | — | Dec 1, 2026 | Common Stock | — | 40,000 | D |
| Employee Stock Option (right to buy)F9,F4 | $58.73 | holding | — | — | — | — | Mar 14, 2028 | Common Stock | — | 50,000 | D |
| Employee Stock Option (right to buy)F10,F4 | $51.50 | holding | — | — | — | — | Jun 1, 2028 | Common Stock | — | 5,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $53.72 to $53.74. 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.
- F10The options vest in three installments as follows: 1,667 shares on June 1, 2021; 1,667 shares on June 1, 2022; 1,666 shares on June 1, 2023.
- F2The options are fully vested.
- F3The options are currently vested with respect to 21,000 shares. The remaining options vest on March 14, 2019.
- F4No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F5The options are currently vested with respect to 31,500 shares. The remaining options vest on December 1, 2019.
- F6The options are currently vested with respect to 21,600 shares. The remaining options vest in two equal installments on March 13, 2019 and 2020.
- F7The options are currently vested with respect to 9,375 shares. The remaining options vest in three installments as follows: 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 10,000 shares. The remaining options vest in three installments as follows: 8,000 shares on December 1, 2019; 10,000 shares on December 1, 2020; 12,000 shares on December 1, 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.