RODNEY C. SACKS - 31 Mar 2023 Form 4 Insider Report for Monster Beverage Corp (MNST)

Role
Chairman and Co-CEO, Director
Signature
Paul J. Dechary, attorney-in-fact
Issuer symbol
MNST
Transactions as of
31 Mar 2023
Net transactions value
$0
Form type
4
Filing time
04 Apr 2023, 19:37:31 UTC
Previous filing
14 Mar 2023
Next filing
14 Jun 2023
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding MNST Restricted Stock Units 67,600 31 Mar 2023 Common Stock Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock units were granted under the Monster Beverage Corporation 2020 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.
F2 The restricted stock units vest in three installments as follows: 22,532 units on March 14, 2024, 22,534 units on March 14, 2025 and 22,534 units on March 14, 2026.
F3 Not applicable.
F4 No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
F5 On March 27, 2023, the common stock of the Company split 2-for-1. As a result, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units (or the cash equivalent of such shares) were doubled.

Remarks:

Due to limitations on number of entries per table, this Form 4 consists of two parts filed concurrently. Part I and Part II of the Reporting Person's Form 4 shall constitute one filing. This is Part II of II.