SEC Filing | Monster Energy Company

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SCHLOSBERG HILTON H

(Last)

(First)

(Middle)

1 MONSTER WAY

(Street)

CORONA

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
	Officer (give title below)	Other (specify below)
Vice Chairman and Co-CEO

3. Date of Earliest Transaction (Month/Day/Year)
10/29/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/29/2024		G⁽¹⁾		372,920	A	$0	2,247,478	D
Common Stock								11,291,136	I	By Brandon Limited Partnership No. 1⁽²⁾
Common Stock								58,773,888	I	By Brandon Limited Partnership No. 2⁽²⁾
Common Stock								276,109	I	By Hilrod Holdings XV, L.P.⁽²⁾
Common Stock								231,754	I	By Hilrod Holdings XVIII, L.P.⁽²⁾
Common Stock	10/29/2024		J⁽³⁾		43,618	D	$0	0	I	By Hilrod Holdings XXIII, L.P.⁽²⁾
Common Stock	10/29/2024		J⁽³⁾		489,124	D	$0	0	I	By Hilrod Holdings XXIV, L.P.⁽²⁾
Common Stock	10/29/2024		J⁽³⁾		268,000	D	$0	0	I	By Hilrod Holdings XXV, L.P.⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Employee Stock Option (right to buy)	$22.58							⁽⁴⁾	03/13/2025	Common Stock	⁽⁵⁾		4,428	D
Employee Stock Option (right to buy)	$21.99							⁽⁴⁾	03/14/2026	Common Stock	⁽⁵⁾		4,542	D
Employee Stock Option (right to buy)	$21.99							⁽⁴⁾	03/14/2026	Common Stock	⁽⁵⁾		194,514	I	By Hilrod Holdings XVIII, L.P.⁽²⁾
Employee Stock Option (right to buy)	$21.99							⁽⁴⁾	03/14/2026	Common Stock	⁽⁵⁾		430,944	I	By Hilrod Holdings XXVI, L.P.⁽²⁾
Employee Stock Option (right to buy)	$23.14							⁽⁴⁾	03/14/2027	Common Stock	⁽⁵⁾		4,326	D
Employee Stock Option (right to buy)	$23.14							⁽⁴⁾	03/14/2027	Common Stock	⁽⁵⁾		49,926	I	By Hilrod Holdings XVIII, L.P.⁽²⁾
Employee Stock Option (right to buy)	$23.14							⁽⁴⁾	03/14/2027	Common Stock	⁽⁵⁾		153,742	I	By Hilrod Holdings XXIII, L.P.⁽²⁾
Employee Stock Option (right to buy)	$23.14							⁽⁴⁾	03/14/2027	Common Stock	⁽⁵⁾		403,006	I	By Hilrod Holdings XXVI, L.P.⁽²⁾
Employee Stock Option (right to buy)	$29.37							⁽⁴⁾	03/14/2028	Common Stock	⁽⁵⁾		3,404	D
Employee Stock Option (right to buy)	$29.37							⁽⁴⁾	03/14/2028	Common Stock	⁽⁵⁾		172,596	I	By Hilrod Holdings XXIII, L.P.⁽²⁾
Employee Stock Option (right to buy)	$29.37							⁽⁴⁾	03/14/2028	Common Stock	⁽⁵⁾		352,000	I	By Hilrod Holdings XXVI, L.P.⁽²⁾
Employee Stock Option (right to buy)	$29.84							⁽⁴⁾	03/14/2029	Common Stock	⁽⁵⁾		194,400	D
Employee Stock Option (right to buy)	$29.84							⁽⁴⁾	03/14/2029	Common Stock	⁽⁵⁾		194,400	I	By Hilrod Holdings XXIII, L.P.⁽²⁾
Employee Stock Option (right to buy)	$29.84							⁽⁴⁾	03/14/2029	Common Stock	⁽⁵⁾		194,400	I	By Hilrod Holdings XXVI, L.P.⁽²⁾
Employee Stock Option (right to buy)	$31.2							⁽⁴⁾	03/13/2030	Common Stock	⁽⁵⁾		212,668	D
Employee Stock Option (right to buy)	$31.2							⁽⁴⁾	03/13/2030	Common Stock	⁽⁵⁾		170,132	I	By Hilrod Holdings XXIII, L.P.⁽²⁾
Employee Stock Option (right to buy)	$44.47							⁽⁴⁾	03/12/2031	Common Stock	⁽⁵⁾		259,800	D
Employee Stock Option (right to buy)	$36.62							⁽⁶⁾	03/14/2032	Common Stock	⁽⁵⁾		291,400	D
Employee Stock Option (right to buy)	$50.82							⁽⁷⁾	03/14/2033	Common Stock	⁽⁵⁾		183,000	D
Employee Stock Option (right to buy)	$60.3							⁽⁸⁾	03/14/2034	Common Stock	⁽⁵⁾		153,500	D
Restricted Stock Units	⁽⁹⁾							⁽¹⁰⁾	⁽¹¹⁾	Common Stock	⁽⁵⁾		30,734	D
Restricted Stock Units	⁽⁹⁾							⁽¹²⁾	⁽¹¹⁾	Common Stock	⁽⁵⁾		45,068	D
Restricted Stock Units	⁽⁹⁾							⁽¹³⁾	⁽¹¹⁾	Common Stock	⁽⁵⁾		58,000	D

Explanation of Responses:

1. As a result of the distribution of shares from Hilrod Holdings XXIII, L.P., Hilrod Holdings XXIV, L.P. and Hilrod Holdings XXV, L.P., which were previously reported as indirectly beneficially owned by the reporting person, the total amount of shares directly owned has increased. Reflects the proceeds of an in-kind annuity payment and the transfer of shares directly to the reporting person as one of the general partners of Hilrod Holdings XXIII, L.P., Hilrod Holdings XXIV, L.P. and Hilrod Holdings XXV, L.P.

2. Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings XV, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XXIII, L.P., Hilrod Holdings XXIV, L.P., Hilrod Holdings XXV, L.P. and Hilrod Holdings XXVI, L.P. and (ii) disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

3. Reflects the distribution of shares, the transfer of shares directly to the reporting person as one of the general partners of Hilrod Holdings XXIII, L.P, Hilrod Holdings XXIV, L.P and Hilrod Holdings XXV, L.P., and an in-kind annuity payment from an existing grantor retained annuity trust. The shares received from the in-kind annuity payment and direct transfers are directly beneficially owned by the reporting person. An additional 101,522 shares are now owned by Sterling Trustees LLC and such shares are not deemed beneficially owned by the reporting person.

4. The options are currently vested.

5. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.

6. The options are currently vested with respect to 194,266 shares. The remaining options vest on March 14, 2025.

7. The options are currently vested with respect to 61,000 shares. The remaining options vest in two equal installments on March 14, 2025 and 2026.

8. The options vest in three installments as follows: 51,167 shares on March 14, 2025; 51,167 shares on March 14, 2026 and 51,166 shares on March 14, 2027.

9. 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.

10. The remaining restricted stock units vest on March 14, 2025.

11. Not applicable.

12. The remaining restricted stock units vest in two equal installments on March 14, 2025 and March 14, 2026.

13. The restricted stock units vest in three installments as follows: 19,333 units on March 14, 2025, 19,333 units on March 14, 2026 and 19,334 units on March 14, 2027.

	Paul J. Dechary, attorney-in-fact	10/31/2024
	** 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).
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