FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [ MNST ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 12/30/2011 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock(1) | 12/30/2011 | G(2) | 200,000 | A | $0 | 200,000 | I | BY RCS Direct 2011 GRAT | ||
Common Stock | 896,352 | D | ||||||||
Common Stock | 6,655,140 | I | By Hilrod Holdings L.P.(3) | |||||||
Common Stock | 1,475,732 | I | By HRS Holdings, L.P.(3) | |||||||
Common Stock | 40,072 | I | By Hilrod Holdings VII, L.P.(3) | |||||||
Common Stock | 189,528 | I | By Hilrod Holdings VIII, L.P.(3) | |||||||
Common Stock | 512,196 | I | By Hilrod Holdings IX, L.P.(3) | |||||||
Common Stock | 102,332 | I | By Hilrod Holdings X, L.P.(3) | |||||||
Common Stock | 186,636 | I | By Hilrod Holdings XI, L.P.(3) | |||||||
Common Stock | 1,981,856 | I | By Brandon Limited Partnership No. 1(3) | |||||||
Common Stock | 9,815,648 | I | By Brandon Limited Partnership No. 2(3) | |||||||
Common Stock | 184,924 | I | By Hilrod Holdings IV, L.P.(3) | |||||||
Common Stock | 71,428 | I | By Hilrod Holdings V, L.P.(3) | |||||||
Common Stock | 257,900 | I | By Hilrod Holdings VI, L.P.(3) | |||||||
Common Stock | 170,356 | I | By Hilrod Holdings XII, L.P.(3) | |||||||
Common Stock | 30,068 | I | By RCS 2008 GRAT #2(3)(4) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction 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 (Month/Day/Year) | 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: 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) | $0.2655 | 03/22/2012 | G(5) | V | 967,720 | (6) | 05/28/2013 | Common Stock | 2,400,000 | $0 | 752,928 | D | |||
Employee Stock Option (right to buy) | $3.294 | 03/22/2012 | G(5) | V | 295,110 | (6) | 03/23/2015 | Common Stock | 2,400,000 | $0 | 1,904,890 | D | |||
Employee Stock Option (right to buy) | $8.435 | 03/22/2012 | G(5) | V | 240,000 | (6) | 11/11/2015 | Common Stock | 1,200,000 | $0 | 960,000 | D | |||
Employee Stock Option (right to buy) | $15.86 | 03/22/2012 | G(5) | V | 473,696 | (7) | 06/02/2018 | Common Stock | 800,000 | $0 | 326,304 | D | |||
Employee Stock Option (right to buy) | $17.82 | 03/22/2012 | G(5) | V | 200,000 | (8) | 12/01/2019 | Common Stock | 500,000 | $0 | 300,000 | D | |||
Restricted Stock Units | (9) | (10) | (11) | Common Stock | 261,000 | 261,000 | D |
Explanation of Responses: |
1. The only transactions reported in this Form 4 relate to (a) a gift made to a grantor retained annuity trust of which the reporting person is trustee and (b) gifts made by the reporting person to grantor retained annuity trusts. |
2. These shares were previously reported as being directly owned by Rodney C. Sacks. The change in beneficial ownership reported on this Form 4 is a result of the contribution by Rodney C. Sacks to RCS Direct 2011 GRAT, for which the reporting person acts as trustee. |
3. The reporting person is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, HRS Holdings, L.P., Hilrod Holdings, L.P., Hilrod Holdings IV, L.P., Hilrod Holdings V, L.P., Hilrod Holdings VI, L.P., Hilrod Holdings VII, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings X, L.P., Hilrod Holdings XI, L.P., and Hilrod Holdings XII, L.P. The reporting person is the co-trustee of RCS 2008 GRAT #2. |
4. The name of this grantor retained annuity trust has changed for reporting purposes from RCS 2008 GRAT to RCS 2008 GRAT #2. |
5. Reflects the assignment of options to a grantor retained annuity trust of which the reporting person is not the beneficial owner. |
6. The options are currently vested. |
7. 473,696 vested options were assigned by the reporting person to a grantor retained annuity trust with an independent trustee. Options with respect to 6,304 shares are currently vested with the reporting person. The remaining options vest in two equal installments on June 2, 2012 and 2013. |
8. 200,000 vested options were assigned by the reporting person to a grantor retained annuity trust with an independent trustee. The remaining options vest in three equal installments on December 1, 2012, 2013 and 2014. |
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 restricted stock units vest in three equal installments on September 1, 2012, 2013 and 2014. |
11. Not applicable. |
Remarks: |
Hilton H. Schlosberg | 04/24/2012 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |