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 |
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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). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [ MNST ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 09/01/2014 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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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) | 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 | 09/01/2014 | M | 87,000 | A | (1) | 119,477 | D | |||
Common Stock | 09/01/2014 | F | 44,897 | D | $89.77 | 74,580 | D | |||
Common Stock | 1,881,856 | I | By Brandon Limited Partnership No. 1(2) | |||||||
Common Stock | 9,815,648 | I | By Brandon Limited Partnership No. 2(2) | |||||||
Common Stock | 4 | I | By HRS Holding, L.P.(2) | |||||||
Common Stock | 4 | I | By Hilrod Holding, L.P.(2) | |||||||
Common Stock | 184,924 | I | By Hilrod Holding, IV L.P.(2) | |||||||
Common Stock | 71,428 | I | By Hilrod Holding V, L.P.(2) | |||||||
Common Stock | 257,900 | I | By Hilrod Holding VI, L.P.(2) | |||||||
Common Stock | 40,072 | I | By Hilrod Holding VII, L.P.(2) | |||||||
Common Stock | 189,528 | I | By Hilrod Holding VIII, L.P.(2) | |||||||
Common Stock | 401,148 | I | By Hilrod Holding IX, L.P.(2) | |||||||
Common Stock | 83,306 | I | By Hilrod Holding X, L.P.(2) | |||||||
Common Stock | 168,414 | I | By Hilrod Holding XI, L.P.(2) | |||||||
Common Stock | 170,356 | I | By Hilrod Holding XII, L.P.(2) | |||||||
Common Stock | 800,000 | I | By Hilrod Holding XIII, L.P.(2) | |||||||
Common Stock | 2,000,000 | I | By Hilrod Holding XIV, L.P.(2) | |||||||
Common Stock | 77,121 | I | By RCS 2009 GRAT #2(2) | |||||||
Common Stock | 35,162 | I | By RCS Direct 2010 GRAT(2) | |||||||
Common Stock | 1,612 | I | By RCS Direct 2010 GRAT #2(2) |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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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) | $3.294 | (3) | 03/23/2015 | Common Stock | 2,110,630 | 1,156,884 | D | ||||||||
Employee Stock Option (right to buy) | $3.294 | (3) | 03/23/2015 | Common Stock | 289,370 | 289,370 | I | By Hilrod Holdings XV, L.P.(2) | |||||||
Employee Stock Option (right to buy) | $8.435 | (3) | 11/11/2015 | Common Stock | 1,200,000 | 960,000 | D | ||||||||
Employee Stock Option (right to buy) | $15.86 | (3) | 06/02/2018 | Common Stock | 800,000 | 18,912 | D | ||||||||
Employee Stock Option (right to buy) | $17.82 | (4) | 12/01/2019 | Common Stock | 500,000 | 100,000 | D | ||||||||
Employee Stock Option (right to buy) | $53.96 | (5) | 06/03/2023 | Common Stock | 140,000 | 140,000 | D | ||||||||
Employee Stock Option (right to buy) | $53.96 | (3) | 06/03/2023 | Common Stock | 70,000 | 70,000 | I | By Hilrod Holdings XV, L.P.(2) | |||||||
Employee Stock Option (right to buy) | $70.06 | (6) | 03/14/2024 | Common Stock | 210,000 | 210,000 | D | ||||||||
Restricted Stock Units | (7) | 09/01/2014 | M | 87,000 | 09/01/2014 | (8) | Common Stock | 261,000 | $0 | 0 | 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 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., Hilrod Holdings XII, L.P., Hilrod Holdings XIII, L.P., Hilrod Holdings XIV, L.P. and Hilrod Holdings XV, L.P. The reporting person is the trustee of each of RCS 2009 GRAT #2, RCS Direct 2010 GRAT and RCS Direct 2010 GRAT #2. |
3. The options are currently vested. |
4. The remaining options vest on December 1, 2014. |
5. The remaining options vest in two equal installments on June 3, 2015 and 2016. |
6. The options vest in three equal installments on March 14, 2015, 2016 and 2017. |
7. 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. |
8. Not applicable. |
Remarks: |
Rodney C. Sacks | 09/03/2014 | |
** 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. |