SEC FORM 4 SEC Form 4
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*
KELLY THOMAS J

(Last) (First) (Middle)
1 MONSTER WAY

(Street)
CORONA CA 92879

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [ MNST ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP - Monster Energy Co.
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2017
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 06/01/2017 M 4,500 A (1) 23,151 D
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) $15.71 (2) 03/14/2023 Common Stock (3) 33,750 D
Employee Stock Option (right to buy) $23.35 (4) 03/14/2024 Common Stock (3) 30,000 D
Employee Stock Option (right to buy) $37.1 (5) 12/01/2024 Common Stock (3) 45,000 D
Employee Stock Option (right to buy) $45.16 (6) 03/13/2025 Common Stock (3) 36,000 D
Employee Stock Option (right to buy) $43.99 (7) 03/14/2026 Common Stock (3) 37,500 D
Employee Stock Option (right to buy) $43.64 (8) 12/01/2026 Common Stock (3) 40,000 D
Restricted Stock Units (9) 06/01/2017 M 4,500 (10) (11) Common Stock 4,500 $0 0 D
Restricted Stock Units (9) (12) (11) Common Stock (3) 1,500 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 options are currently vested with respect to 20,250 shares. The remaining options vest on March 14, 2018.
3. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
4. The options are currently vested with respect to 13,500 shares. The remaining options vest in two installments as follows: 7,500 shares on March 14, 2018; 9000 shares on March 14, 2019.
5. The options are currently vested with respect to 11,250 shares. The remaining options vest in three installments as follows: 9,000 shares on December 1, 2017; 11,250 shares on December 1, 2018; 13,500 shares on December 1, 2019.
6. The options are currently vested with respect to 14,400 shares. The remaining options vest in three equal installments on March 13, 2018, 2019 and 2020.
7. The options are currently vested with respect to 3,750 shares. The remaining options vest in four installments as follows: 5,625 shares on March 14, 2018; 7,500 shares on March 14, 2019; 9,375 shares on March 14, 2020; 11,250 shares on March 14, 2021.
8. The options vest in five installments as follows: 4,000 shares on December 1, 2017; 6,000 shares on December 1, 2018; 8,000 shares on December 1, 2019; 10,000 shares on December 1, 2020; 12,000 shares on December 1, 2021.
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 are currently vested.
11. Not applicable.
12. The remaining restricted stock units vest on December 1, 2017.
Paul J. Dechary, attorney-in-fact 06/05/2017
** 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).
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