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) 12/01/2016 | ||||||||||||||||||||||||||
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 | 791,808(1) | D | ||||||||
Common Stock | 30,000(2) | I | By MJCF Hall Family Trust(3) |
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) | $5.94(4) | (5) | 12/01/2019 | Common Stock | (6) | 240,000(4) | D | ||||||||
Employee Stock Option (right to buy) | $8.75(7) | (5) | 12/01/2020 | Common Stock | (6) | 120,000(7) | D | ||||||||
Employee Stock Option (right to buy) | $15.71(8) | (9) | 03/14/2023 | Common Stock | (6) | 270,000(8) | D | ||||||||
Employee Stock Option (right to buy) | $23.35(10) | (11) | 03/14/2024 | Common Stock | (6) | 90,000(10) | D | ||||||||
Employee Stock Option (right to buy) | $45.16(12) | (13) | 03/13/2025 | Common Stock | (6) | 300,000(12) | D | ||||||||
Employee Stock Option (right to buy) | $43.99(14) | (15) | 03/14/2026 | Common Stock | (6) | 90,000(14) | D | ||||||||
Employee Stock Option (right to buy) | $43.64 | 12/01/2016 | A | 100,000 | (16) | 12/01/2026 | Common Stock | 100,000 | $0 | 100,000 | D |
Explanation of Responses: |
1. 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. |
2. 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. |
3. The reporting person serves as co-trustee of the MJCF Hall Family Trust. |
4. 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. |
5. The options are currently vested. |
6. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. |
7. 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. |
8. 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. |
9. 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. |
10. 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. |
11. 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. |
12. 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. |
13. 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. |
14. 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. |
15. The options vest in three equal installments on March 14, 2017, 2018 and 2019. |
16. 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. |
/s/ Paul J. Dechary, attorney-in-fact | 12/05/2016 | |
** 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. |