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)
Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2021
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 03/12/2021 A(1) 2,000 A $0 4,868 D
Common Stock 03/15/2021 M 1,733 A (2) 6,601 D
Common Stock 03/15/2021 M 1,333 A (2) 7,934 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) $45.16 (3) 03/13/2025 Common Stock (4) 7,200 D
Employee Stock Option (right to buy) $43.99 (3) 03/14/2026 Common Stock (4) 20,625 D
Employee Stock Option (right to buy) $43.64 (5) 12/01/2026 Common Stock (4) 22,000 D
Employee Stock Option (right to buy) $58.73 (6) 03/14/2028 Common Stock (4) 50,000 D
Employee Stock Option (right to buy) $51.5 (7) 06/01/2028 Common Stock (4) 5,000 D
Employee Stock Option (right to buy) $59.67 (8) 03/14/2029 Common Stock (4) 15,000 D
Employee Stock Option (right to buy) $62.39 (9) 03/13/2030 Common Stock (4) 12,000 D
Employee Stock Option (right to buy) $88.94 03/12/2021 A 5,000 (10) 03/12/2031 Common Stock 5,000 $0 5,000 D
Restricted Stock Units (11) 03/15/2021 M 1,733 (12) (13) Common Stock 1,733 $0 1,734 D
Restricted Stock Units (11) 03/14/2021 M 1,333 (14) (13) Common Stock 1,333 $0 2,667 D
Restricted Stock Units (15) 03/12/2021 A 1,400 (16) (13) Common Stock 1,400 $0 1,400 D
Explanation of Responses:
1. Received upon the achievement of the vesting criteria applicable to the first of three tranches of performance share units granted under the Monster Beverage Corporation 2011 Omnibus Incentive Plan (the "2011 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors (the "Compensation Committee"). Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date.
2. 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.
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 10,000 shares. The remaining options vest on December 1, 2021.
6. The options are currently vested with respect to 22,500 shares. The remaining options vest in two installments as follow: 12,500 shares on March 14, 2022; 15,000 shares on March 14, 2023.
7. The options vest in three installments as follows: 1,667 shares on June 1, 2021; 1,667 shares on June 1, 2022; 1,666 shares on June 1, 2023.
8. The options are currently vested with respect to 10,000 shares. The remaining options vest on March 14, 2022.
9. The options are currently vested with respect to 4,000 shares. The remaining options vest in two installments as follow: 4,000 shares on March 14, 2022; 4,000 shares on March 14, 2023.
10. The options vest in three installments as follows: 1,666 shares on March 12, 2022; 1,667 shares on March 12, 2023 and 1,667 shares on March 12, 2024.
11. The restricted stock units were granted under the 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.
12. The restricted stock units vest on March 14, 2022.
13. Not applicable.
14. The restricted stock units vest in two installments as follows: 1,333 units on March 13, 2022 and 1,334 units on March 13, 2023.
15. The restricted stock units were granted under the Monster Beverage Corporation 2020 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.
16. The restricted stock units vest in three installments as follows: 466 units on March 12, 2022; 467 units on March 12, 2023 and 467 units on March 12, 2024.
Paul J. Dechary, attorney-in-fact 03/15/2021
** Signature of Reporting Person Date
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