Explanation of Responses:
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(
1)
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Each restricted stock unit represents a contingent right to receive one share of the Company's common stock as of the vesting date. Accordingly, these restricted stock units were settled in shares of common stock.
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(
2)
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On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 11,434 additional shares of common stock.
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3)
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This employee stock option was previously reported as covering 11,250 shares of common stock at an exercise price of $47.13 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
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4)
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The options are currently vested with respect to 9,000 shares. The remaining options vest in two installments as follows: 11,250 shares on March 14, 2017; 13,500 shares on March 14, 2018.
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5)
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No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
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6)
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This employee stock option was previously reported as covering 10,000 shares of common stock at an exercise price of $70.06 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
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7)
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The options are currently vested with respect to 7,500 shares. The remaining options vest in three installments as follows: 6,000 shares on March 14, 2017; 7,500 shares on March 14, 2018; 9000 shares on March 14, 2019. The options will become exercisable on the one year anniversary from the date on which they vested.
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8)
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This employee stock option was previously reported as covering 15,000 shares of common stock at an exercise price of $111.30 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
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9)
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The options are currently vested with respect to 4,500 shares. The remaining options vest in four installments as follows: 6,750 shares on December 1, 2016; 9,000 shares on December 1, 2017; 11,250 shares on December 1, 2018; 13,500 shares on December 1, 2019. The options will become exercisable on the one year anniversary from the date on which they vested.
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10)
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This employee stock option was previously reported as covering 12,000 shares of common stock at an exercise price of $135.48 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
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11)
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The options are currently vested with respect to 7,200 shares. The remaining options vest in four equal installments on March 13, 2017, 2018, 2019 and 2020.
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12)
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This employee stock option was previously reported as covering 12,500 shares of common stock at an exercise price of $131.96 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
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13)
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The options vest in five installments as follows: 3,750 shares on March 14, 2017;5,625 shares on March 14, 2018; 7,500 shares on March 14, 2019; 9,375 shares on March 14, 2020; 11,250 shares on March 14, 2021.
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14)
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Granted December 1, 2016 pursuant to the Company's 2011 Stock Option Plan (which is a Rule 16b-3(d)(1) plan) and Equity Grant Procedures. The options vest in five installments as follows: 4,000 shares on December 1, 2017; 6,000 shares on December 1, 2018; 8,000 shares on December 1, 2019; 10,000 shares on December 1, 2020; 12,000 shares on December 1, 2021.
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15)
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The 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.
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16)
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The remaining restricted stock units vest on June 1, 2017.
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17)
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Not applicable.
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18)
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These restricted stock units were previously reported as covering 1,500 shares of common stock, but were adjusted to reflect the stock split that occurred on November 9, 2016.
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19)
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The remaining restricted stock units vest on December 1, 2017.
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(
20)
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These restricted stock units were previously reported as covering 1,000 shares of common stock, but were adjusted to reflect the stock split that occurred on November 9, 2016.
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