Explanation of Responses:
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1)
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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 527,872 additional 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 20,000 additional shares of common stock.
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3)
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The reporting person serves as co-trustee of the MJCF Hall Family Trust.
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4)
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This employee stock option was previously reported as covering 80,000 shares of common stock at an exercise price of $17.82 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
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5)
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The options are currently vested.
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6)
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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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7)
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This employee stock option was previously reported as covering 40,000 shares of common stock at an exercise price of $26.26 per share, but was adjusted to reflect the stock split that occurred on November 9, 2016.
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8)
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This employee stock option was previously reported as covering 90,000 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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9)
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The options are currently vested with respect to 105,000 shares. The remaining options vest in two installments as follows: 75,000 shares on March 14, 2017; 90,000 shares on March 14, 2018.
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10)
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This employee stock option was previously reported as covering 30,000 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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11)
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The options are currently vested with respect to 22,500 shares. The remaining options vest in three installments as follows: 18,000 shares on March 14, 2017; 22,500 shares on March 14, 2018; 27,000 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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12)
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This employee stock option was previously reported as covering 100,000 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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13)
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The options are currently vested with respect to 60,000 shares. The remaining options vest in four equal installments on March 13, 2017, 2018, 2019 and 2020.
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14)
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This employee stock option was previously reported as covering 30,000 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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15)
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The options vest in three equal installments on March 14, 2017, 2018 and 2019.
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16)
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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 equal installments on December 1, 2017, 2018, 2019, 2020 and 2021.
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