SEC Form 4 · accession 0001567619-19-006327
Monster Beverage Corp · MNST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Emelie Tirre
Officer — President of the Americas
Period of report
Mar 5, 2019
Accepted (ET)
Mar 6, 2019 · 6:07 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 | Mar 5, 2019 | M | 24,762 | $19.08 | A | 77,363 | D | |
| Common StockF1 | Mar 5, 2019 | S | 24,762 | $62.97 | D | 52,601 | 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 | $19.08 | Mar 5, 2019 | M | 24,762 | D | — | Sep 4, 2022 | Common Stock | 24,762 | 24,762 | D |
| Employee Stock Option (right to buy)F2,F3 | $15.71 | holding | — | — | — | — | Mar 14, 2023 | Common Stock | — | 10,500 | D |
| Employee Stock Option (right to buy)F4,F3 | $23.35 | holding | — | — | — | — | Mar 14, 2024 | Common Stock | — | 43,746 | D |
| Employee Stock Option (right to buy)F5,F3 | $37.10 | holding | — | — | — | — | Dec 1, 2024 | Common Stock | — | 45,000 | D |
| Employee Stock Option (right to buy)F6,F3 | $45.16 | holding | — | — | — | — | Mar 13, 2025 | Common Stock | — | 45,000 | D |
| Employee Stock Option (right to buy)F7,F3 | $43.99 | holding | — | — | — | — | Mar 14, 2026 | Common Stock | — | 60,000 | D |
| Employee Stock Option (right to buy)F8,F3 | $43.64 | holding | — | — | — | — | Dec 1, 2026 | Common Stock | — | 100,000 | D |
| Employee Stock Option (right to buy)F9,F3 | $46.27 | holding | — | — | — | — | Mar 14, 2027 | Common Stock | — | 40,000 | D |
| Employee Stock Option (right to buy)F10,F3 | $58.73 | holding | — | — | — | — | Mar 14, 2028 | Common Stock | — | 50,000 | D |
| Employee Stock Option (right to buy)F11,F3 | $51.50 | holding | — | — | — | — | Jun 1, 2028 | Common Stock | — | 25,000 | D |
| Restricted Stock UnitsF12,F13,F14,F3 | — | holding | — | — | — | — | — | Common Stock | — | 12,000 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $62.87 to $63.11. 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 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.
- F11The 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.
- 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 restricted stock units vest in four equal installments on June 1, 2020, 2021, 2022 and 2023.
- F14Not applicable.
- F2The options are fully vested.
- F3No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- F4The options are currently vested with respect to 30,246 shares. The remaining options vest on March 14, 2019.
- 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 20,250 shares. The remaining options vest in two installments as follows: 11,250 shares on March 13, 2019; 13,500 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 25,000 shares. The remaining options vest in three installments as follows: 20,000 shares on December 1, 2019; 25,000 shares on December 1, 2020; 30,000 shares on December 1, 2021.
- F9The options are currently vested with respect to 4,000 shares. The remaining options vest in four installments as follows: 6,000 shares on March 14, 2019; 8,000 shares on March 14, 2020; 10,000 shares on March 14, 2021; 12,000 shares on March 14, 2022.