SEC Form 4 · accession 0001567619-19-006324

Monster Beverage Corp · MNST

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Guy Carling

Officer — President of EMEA

Period of report

Mar 4, 2019

Accepted (ET)

Mar 6, 2019 · 6:03 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
Common Stock	Mar 4, 2019	M	67,500	$15.71	A	75,000	D
Common Stock	Mar 4, 2019	M	11,250	$23.00	A	86,250	D
Common Stock^F1	Mar 4, 2019	S	66,215	$64.98	D	20,035	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	Mar 4, 2019	M	67,500	D	—	Mar 14, 2023	Common Stock	67,500	0	D
Employee Stock Option (right to buy)^F3	$23.00	Mar 4, 2019	M	11,250	D	—	Jun 2, 2024	Common Stock	11,250	13,500	D
Employee Stock Option (right to buy)^F4,F5	$37.10	holding	—	—	—	—	Dec 1, 2024	Common Stock	—	15,000	D
Employee Stock Option (right to buy)^F6,F5	$45.16	holding	—	—	—	—	Mar 13, 2025	Common Stock	—	22,500	D
Employee Stock Option (right to buy)^F7,F5	$43.99	holding	—	—	—	—	Mar 14, 2026	Common Stock	—	60,000	D
Employee Stock Option (right to buy)^F8,F5	$43.64	holding	—	—	—	—	Dec 1, 2026	Common Stock	—	60,000	D
Employee Stock Option (right to buy)^F9,F5	$58.73	holding	—	—	—	—	Mar 14, 2028	Common Stock	—	50,000	D
Employee Stock Option (right to buy)^F10,F5	$51.50	holding	—	—	—	—	Jun 1, 2028	Common Stock	—	25,000	D
Restricted Stock Units^{F11,F12,F13,F5}	—	holding	—	—	—	—	—	Common Stock	—	12,000	D

Explanation of responses

F1This transaction was executed in multiple trades at prices ranging from $64.72 to $65.35. 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: 8,334 shares on June 1, 2021; 8,333 shares on June 1, 2022; 8,333 shares on June 1, 2023.
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 restricted stock units vest in four equal installments on June 1, 2020, 2021, 2022 and 2023.
F13Not applicable.
F2The options are fully vested.
F3The remaining options vest on June 2, 2019.
F4The options are currently vested with respect to 10,500 shares. The remaining options vest on December 1, 2019.
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 10,125 shares. The remaining options vest in two installments as follows: 5,625 shares on March 13, 2019; 6,750 shares on March 13, 2020.
F7The options are currently vested with respect to 15,000 shares. The remaining options vest in three installments as follows: 12,000 shares on March 14, 2019; 15,000 shares on March 14, 2020; 18,000 shares on March 14, 2021.
F8The options are currently vested with respect to 15,000 shares. The remaining options vest in four installments as follows: 12,000 shares on December 1, 2019; 15,000 shares on December 1, 2020; 18,000 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.