Statement of Changes in Beneficial Ownership (4)
March 17 2020 - 5:03PM
Edgar (US Regulatory)
FORM 4
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
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HALL MARK J |
2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp
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MNST
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
1 MONSTER WAY |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/13/2020 |
(Street)
CORONA, CA 92879
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 3/16/2020 | | M | | 850 | A | (1) | 871125 | I | By MJCF Hall Family Trust (2) |
Common Stock | 3/16/2020 | | F | | 275 | D | $57.44 | 870850 | I | By MJCF Hall Family Trust (2) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Employee Stock Option (right to buy) | $45.16 | | | | | | | (3) | 3/13/2025 | Common Stock | (4) | | 60000 | D | |
Employee Stock Option (right to buy) | $43.64 | | | | | | | (5) | 12/1/2026 | Common Stock | (4) | | 60000 | D | |
Employee Stock Option (right to buy) | $58.73 | | | | | | | (6) | 3/14/2028 | Common Stock | (4) | | 50000 | D | |
Employee Stock Option (right to buy) | $59.67 | | | | | | | (7) | 3/14/2029 | Common Stock | (4) | | 25000 | D | |
Employee Stock Option (right to buy) | $62.39 | 3/13/2020 | | A | | 20000 | | (8) | 3/13/2030 | Common Stock | 20000 | $0 | 20000 | D | |
Restricted Stock Units | (9) | 3/16/2020 | | M | | 850 | | (10) | (11) | Common Stock | 850 | $0 | 7650 | D | |
Restricted Stock Units | (9) | 3/13/2020 | | A | | 7000 | | (12) | (11) | Common Stock | 7000 | $0 | 7000 | D | |
Explanation of Responses: |
(1) | 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. |
(2) | The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries. |
(3) | The options are fully vested. |
(4) | No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. |
(5) | The options are currently vested with respect to 20,000 shares. The remaining options vest in two equal installments on December 1, 2020 and 2021. |
(6) | The options are currently vested with respect to 12,500 shares. The remaining options vest in three installments as follows: 10,000 shares on March 14, 2021; 12,500 shares on March 14, 2022; 15,000 shares on March 14, 2023. |
(7) | The options are currently vested with respect to 2,500 shares. The remaining options vest in four installments as follow: 3,750 shares on March 14, 2021? 5,000 shares on March 14, 2022? 6,250 shares on March 14, 2023? 7,500 shares on March 14, 2024. |
(8) | The options vest in five installments as follows: 2,000 shares on March 13, 2021? 3,000 shares on March 13, 2022? 4,000 shares on March 13, 2023? 5,000 shares on March 13, 2024? 6,000 shares on March 13, 2025. |
(9) | 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. |
(10) | The remaining restricted stock units vest in four installments as follows: 1,275 units on March 14, 2021? 1,700 units on March 14, 2022? 2,125 units on March 14, 2023? 2,550 shares on March 14, 2024. |
(11) | Not applicable. |
(12) | The restricted stock units vest in five installments as follows: 700 units on March 13, 2021? 1,050 units on March 13, 2022? 1,400 units on March 13, 2023? 1,750 units on March 13, 2024? 2,100 units on March 13, 2025. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
HALL MARK J 1 MONSTER WAY CORONA, CA 92879 | X |
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Signatures
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/s/ Paul J. Dechary, attorney-in-fact | | 3/17/2020 |
**Signature of Reporting Person | Date |
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