SEC Form 4 · accession 0001567619-18-008824

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

May 8, 2018

Accepted (ET)

Dec 31, 2018 · 4:06 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	May 8, 2018	G	1,000,000	$0.00	D	73,476	D
Common Stock	Sep 5, 2018	G	1,380	$0.00	D	72,096	D
Common Stock	Sep 27, 2018	G	268,060	$0.00	A	340,156	D
Common Stock	Dec 21, 2018	G	300,000	$0.00	D	40,156	D
Common Stock^F3	May 8, 2018	G	2,000,000	$0.00	A	2,000,000	I	By Hilrod Holdings XVII, L.P.
Common Stock^F3	Dec 21, 2018	G	600,000	$0.00	A	600,000	I	By Hilrod Holdings XIX, 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^F4,F3	holding	—	—		—	1,713,070	I	By Hilrod Holdings XVI, 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)^F6	$23.35	May 9, 2018	G	205,719	D	—	Mar 14, 2024	Common Stock	205,719	4,281	D
Employee Stock Option (right to buy)^F6	$45.16	May 9, 2018	G	156,186	D	—	Mar 13, 2025	Common Stock	156,186	2,214	D
Employee Stock Option (right to buy)^F9	$43.99	May 9, 2018	G	210,000	D	—	Mar 14, 2026	Common Stock	210,000	105,000	D
Employee Stock Option (right to buy)^F10	$46.27	May 9, 2018	G	101,834	D	—	Mar 14, 2027	Common Stock	101,834	203,666	D
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)^F3,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)^F3,F6,F7	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	408,882	I
Employee Stock Option (right to buy)^F3,F6,F7	$17.99	holding	—	—	—	—	Jun 3, 2023	Common Stock	—	210,000	I
Employee Stock Option (right to buy)^F3,F6,F7	$23.35	holding	—	—	—	—	Mar 14, 2024	Common Stock	—	420,000	I
Employee Stock Option (right to buy)^F3,F6	$23.35	holding	—	—	—	—	Mar 14, 2024	Common Stock	205,719	205,719	I
Employee Stock Option (right to buy)^F3,F6,F7	$45.16	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	79,200	I
Employee Stock Option (right to buy)^F3,F6	$45.16	holding	—	—	—	—	Mar 13, 2025	Common Stock	156,186	156,186	I
Employee Stock Option (right to buy)^F3,F6	$43.99	holding	—	—	—	—	Mar 14, 2026	Common Stock	210,000	210,000	I
Employee Stock Option (right to buy)^F3,F6	$46.27	holding	—	—	—	—	Mar 14, 2027	Common Stock	101,834	101,834	I
Employee Stock Option (right to buy)^F11,F7	$58.73	holding	—	—	—	—	Mar 14, 2028	Common Stock	—	264,000	D
Restricted Stock Units^{F12,F13,F14,F7}	—	holding	—	—	—	—	—	Common Stock	—	39,000	D
Restricted Stock Units^{F12,F15,F14,F7}	—	holding	—	—	—	—	—	Common Stock	—	77,400	D
Restricted Stock Units^{F12,F16,F14,F7}	—	holding	—	—	—	—	—	Common Stock	—	102,200	D

Explanation of responses

F1Reflects the assignment of shares from the reporting person to Hilrod Holdings XVII, L.P. and Hilrod Holdings XIX, L.P., of which the reporting person is one of the general partners. The shares assigned to Hilrod Holdings XVII, L.P. and Hilrod Holdings XIX, L.P. are indirectly beneficially owned by the reporting person.
F10The remaining options vest in two equal installments on March 14, 2019 and 2020.
F11The options vest in three equal installments on March 14, 2019, 2020 and 2021.
F12The 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.
F13The remaining restricted stock units vest on March 14, 2019.
F14Not applicable.
F15The restricted stock units vest in two equal installments on March 14, 2019 and 2020.
F16The restricted stock units vest in three equal installments on March 14, 2019, 2020 and 2021.
F2As a result of the distribution of shares, which were previously reported as indirectly beneficially owned by the reporting person, as the proceeds of in-kind annuity payments from existing grantor retained annuity trusts to the reporting person, the total amount of shares directly owned has increased.
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., Hilrod Holdings XVI, L.P., Hilrod Holdings XVII, L.P., Hilrod Holdings XVIII, L.P. and Hilrod Holdings XIX, L.P. The reporting person is the trustee of each of HHS 2010 GRAT #3 and HHS 2014 GRAT #2.
F4Reflects the distribution of shares as the proceeds of in-kind annuity payments from existing grantor retained annuity trusts. The shares received from the in-kind annuity payment are directly beneficially owned by the reporting person.
F5Reflects the assignment of shares from the reporting person and Hilton Schlosberg to Hilrod Holdings XVII, L.P. and Hilrod Holdings XIX, L.P., of which the reporting person is one of the general partners. The shares assigned to Hilrod Holdings XVII, L.P. and Hilrod Holdings XIX, L.P. are indirectly beneficially owned by the reporting person.
F6The options are currently vested.
F7No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F8Reflects the assignment of options from the reporting person to Hilrod Holdings XVIII, L.P., of which the reporting person is one of the general partners. The options assigned to Hilrod Holdings XVIII, L.P. are indirectly beneficially owned by the reporting person.
F9The remaining options vest on March 14, 2019.