0000865752-24-000021.txt : 20240314 0000865752-24-000021.hdr.sgml : 20240314 20240314213250 ACCESSION NUMBER: 0000865752-24-000021 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240312 FILED AS OF DATE: 20240314 DATE AS OF CHANGE: 20240314 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SACKS RODNEY C CENTRAL INDEX KEY: 0001284353 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-18761 FILM NUMBER: 24752305 MAIL ADDRESS: STREET 1: C/O HANSEN NATURAL CORP STREET 2: 550 MONICA CIRCLE, SUITE 201 CITY: CORONA STATE: CA ZIP: 92880 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Monster Beverage Corp CENTRAL INDEX KEY: 0000865752 STANDARD INDUSTRIAL CLASSIFICATION: BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 471809393 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 BUSINESS PHONE: 909-739-6200 MAIL ADDRESS: STREET 1: 1 MONSTER WAY CITY: CORONA STATE: CA ZIP: 92879 FORMER COMPANY: FORMER CONFORMED NAME: HANSEN NATURAL CORP DATE OF NAME CHANGE: 19930328 FORMER COMPANY: FORMER CONFORMED NAME: UNIPAC CORP DATE OF NAME CHANGE: 19600201 4 1 form4.xml X0508 4 2024-03-12 0000865752 Monster Beverage Corp MNST 0001284353 SACKS RODNEY C 1 MONSTER WAY CORONA CA 92879 true true Chairman and Co-CEO false Common Stock 2024-03-12 4 M 0 25268 A 964425 D Common Stock 2024-03-12 4 F 0 12806 59.82 D 951619 D Common Stock 2024-03-13 4 J 0 672307 0 D 279312 D Common Stock 2024-03-13 4 J 0 62331 0 A 341643 D Common Stock 2024-03-14 4 M 0 30734 A 372377 D Common Stock 2024-03-14 4 M 0 22532 A 394909 D Common Stock 2024-03-14 4 A 0 198858 0 A 593767 D Common Stock 2024-03-14 4 F 0 127778 60.3 D 465989 D Common Stock 11291136 I By Brandon Limited Partnership No. 1 Common Stock 58773888 I By Brandon Limited Partnership No. 2 Common Stock 2024-03-13 4 J 0 106868 0 D 0 I By Hilrod Holdings IV, L.P. Common Stock 2024-03-13 4 J 0 218570 0 D 0 I By Hilrod Holdings V, L.P. Common Stock 2024-03-13 4 J 0 647400 0 D 0 I By Hilrod Holdings VI, L.P. Common Stock 2024-03-13 4 J 0 579956 0 D 0 I By Hilrod Holdings VIII, L.P. Common Stock 2024-03-13 4 J 0 462512 0 D 0 I By Hilrod Holdings IX, L.P. Common Stock 361356 I By Hilrod Holdings XV, L.P. Common Stock 2024-03-13 4 J 0 771392 0 D 0 I By Hilrod Holdings XVI, L.P. Common Stock 438776 I By Hilrod Holdings XVIII, L.P. Common Stock 2024-03-13 4 J 0 673544 0 D 0 I By Hilrod Holdings XIX, L.P. Common Stock 2024-03-13 4 J 0 729272 0 D 0 I By Hilrod Holdings XX, L.P. Common Stock 2024-03-13 4 J 0 729272 0 D 0 I By Hilrod Holdings XXI, L.P. Common Stock 82580 I By Hilrod Holdings XXIII, L.P. Common Stock 489124 I By Hilrod Holdings XXIV, L.P. Common Stock 268000 I By Hilrod Holdings XXV, L.P. Employee Stock Option (right to buy) 22.58 2025-03-13 Common Stock 4428 D Employee Stock Option (right to buy) 21.99 2026-03-14 Common Stock 4542 D Employee Stock Option (right to buy) 21.99 2026-03-14 Common Stock 194514 I By Hilrod Holdings XVIII, L.P. Employee Stock Option (right to buy) 21.99 2026-03-14 Common Stock 430944 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 23.14 2027-03-14 Common Stock 4326 D Employee Stock Option (right to buy) 23.14 2027-03-14 Common Stock 49926 I By Hilrod Holdings XVIII, L.P. Employee Stock Option (right to buy) 23.14 2027-03-14 Common Stock 153742 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 23.14 2027-03-14 Common Stock 403006 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 29.37 2028-03-14 Common Stock 3404 D Employee Stock Option (right to buy) 29.37 2028-03-14 Common Stock 172596 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 29.37 2028-03-14 Common Stock 352000 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 29.84 2029-03-14 Common Stock 194400 D Employee Stock Option (right to buy) 29.84 2029-03-14 Common Stock 194400 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 29.84 2029-03-14 Common Stock 194400 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 31.2 2030-03-13 Common Stock 212668 D Employee Stock Option (right to buy) 31.2 2030-03-13 Common Stock 170132 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 44.47 2031-03-12 Common Stock 259800 D Employee Stock Option (right to buy) 36.62 2032-03-14 Common Stock 291400 D Employee Stock Option (right to buy) 50.82 2033-03-14 Common Stock 183000 D Employee Stock Option (right to buy) 60.3 2024-03-14 4 A 0 153500 0 A 2034-03-14 Common Stock 153500 153500 D Restricted Stock Units 2024-03-12 4 M 0 25268 0 D Common Stock 25268 0 D Restricted Stock Units 2024-03-14 4 M 0 30734 0 D Common Stock 30734 30734 D Restricted Stock Units 2024-03-14 4 M 0 22532 0 D Common Stock 22532 45068 D Restricted Stock Units 2024-03-14 4 A 0 58000 0 A Common Stock 58000 58000 D 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. Reflects the transfer of 672,307 shares owned directly by the reporting person to trusts (of which Sterling Trustees LLC is trustee) towards the satisfaction of loans owing by the reporting person. The reporting person no longer has voting or dispositive power over, and therefore is not deemed to beneficially own, any of the shares held by these trusts for the benefit of certain family members of the reporting person. Reflects the sum of 2,096 shares distributed by Hilrod Holdings IV, L.P., 4,286 shares distributed by Hilrod Holdings V, L.P., 6,474 shares distributed by Hilrod Holdings VI, L.P., 11,372 shares distributed by Hilrod Holdings VIII, L.P., 9,068 shares distributed by Hilrod Holdings IX, L.P., 7,714 shares distributed by Hilrod Holdings XVI, L.P., 6,735 shares distributed by Hilrod Holdings XIX, L.P., 7,293 shares distributed by Hilrod Holdings XX, L.P., and 7,293 shares distributed by Hilrod Holdings XXI, L.P. to the reporting person. These shares were previously reported as indirectly beneficially owned by the reporting person due to his general partnership interest in the aforementioned entities. Received upon the achievement of the vesting criteria applicable to performance share units granted under the Monster Beverage Corporation 2020 Omnibus Incentive Plan (the "2020 Omnibus Incentive Plan"), achievement of which was certified by the Compensation Committee of the Company's Board of Directors. Each performance share unit represents a contingent right to receive one share of the Company's common stock as of the applicable vesting date. Reporting person (i) is one of the general partners of each of Brandon Limited Partnership No. 1, Brandon Limited Partnership No. 2, Hilrod Holdings IV, L.P., Hilrod Holdings V, L.P., Hilrod Holdings VI, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings XV, L.P., Hilrod Holdings XVI, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XIX, L.P., Hilrod Holdings XX, L.P., Hilrod Holdings XXI, 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. Hilrod Holdings IV, L.P., Hilrod Holdings V, L.P., Hilrod Holdings VI, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings XVI, L.P., Hilrod Holdings XIX, L.P., Hilrod Holdings XX, L.P., and Hilrod Holdings XXI, L.P. distributed all shares to their general and limited partners based upon their partnership percentages. The reporting person received his pro rata share of the distributed shares, and such shares are now reflected as directly held by the reporting person. Limited partners' shares are held by trusts (of which Sterling Trustees LLC is trustee) for the benefit of certain family members of the reporting person and Hilton Schlosberg, respectively. The reporting person no longer has voting or dispositive power over, and therefore is not deemed to beneficially own, any of the shares held by these trusts. The options are currently vested. No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. The options are currently vested with respect to 194,266 shares. The remaining options vest on March 14, 2025. 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. 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. The restricted stock units were granted under the 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. The restricted stock units are fully vested. Not applicable. The remaining restricted stock units vest on March 14, 2025. The remaining restricted stock units vest in two equal installments on March 14, 2025 and March 14, 2026. 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 2024-03-14