SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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1. Name and Address of Reporting Person* KELLY THOMAS J (Last) (First) (Middle) HANSEN NATURAL CORP. 1010 RAILROAD STREET (Street) CORONA CA 92882 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 03/30/2004	3. Issuer Name and Ticker or Trading Symbol HANSEN NATURAL CORP [ HANS ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP, Hansen Beverage Company	5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,115	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (right to buy)	(1)	02/02/2005	Common Stock	10,000	4.25	D
Employee Stock Option (right to buy)	(2)	07/12/2012	Common Stock	10,000	3.57	D
Employee Stock Option (right to buy)	(3)	01/15/2014	Common Stock	25,000	8.15	D

Explanation of Responses:

1. Granted February 2, 1999 pursuant to the Company's Stock Option Plan (which is a Rule 16b-3(d)(1) plan). The option is currently exercisable with respect to all 10,000 shares.

2. Granted July 12, 2002 pursuant to the Company's 2001 Stock Option Plan (which is a Rule 16b-3(d)(1) plan). The option is currently exercisable with respect to 2,000 shares and vests annually on July 12 in installments of 2,000 shares.

3. Granted January 15, 2004 pursuant to the Company's 2001 Stock Option Plan (which is a Rule 16b-3(d)(1) plan). The option vests annually beginning January 15, 2005 in installments of 5,000 shares.

	Thomas J. Kelly	04/07/2004
	** 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 5 (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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