0000865752-24-000054.txt : 20240613
0000865752-24-000054.hdr.sgml : 20240613
20240613212058
ACCESSION NUMBER: 0000865752-24-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240611
FILED AS OF DATE: 20240613
DATE AS OF CHANGE: 20240613
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: VIDERGAUZ MARK
CENTRAL INDEX KEY: 0001266256
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-18761
FILM NUMBER: 241042856
MAIL ADDRESS:
STREET 1: C/O MONSTER BEVERAGE CORPORATION
STREET 2: 1 MONSTER WAY
CITY: CORONA
STATE: CA
ZIP: 92879
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
2024-06-11
0000865752
Monster Beverage Corp
MNST
0001266256
VIDERGAUZ MARK
1 MONSTER WAY
CORONA
CA
92879
true
false
Common Stock
2024-06-11
4
S
0
8000
50.84
D
75244
D
Common Stock
2024-06-11
4
S
0
7077
53
D
68167
D
Restricted Stock Units
2024-06-12
4
M
0
2932
D
2024-06-12
Common Stock
2932
0
D
Restricted Stock Units
2024-06-13
4
A
0
3592
0
A
Common Stock
3592
3592
D
Deferred Stock Units
2024-06-12
4
A
0
2932
A
Common Stock
2932
2932
D
This transaction was executed in multiple trades at prices ranging from $50.84 to $50.85. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full
information regarding the number of shares and prices at which the transaction was effected.
Represents shares tendered by the reporting person and accepted for purchase by the Company in the modified "Dutch auction" tender offer commenced by the Company on May 8, 2024. The Company announced the final results of the tender offer on June 10, 2024.
Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date. These restricted stock units were settled as shares of common stock and the reporting person has elected to defer the same. See footnote 8 below.
Not applicable.
Each restricted stock unit represents either (i) a contingent right to receive one share of the Company's common stock or (ii) a cash amount equal to the number of shares received as of the vesting date.
The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2025 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.
Each deferred stock unit is economically equivalent to one share of the Company's common stock.
Deferred stock units credited to the reporting person under the Monster Beverage Corporation Deferred Compensation Plan for Non-Employee Directors (the "Deferral Plan"), a sub-plan of the Monster Beverage Corporation 2017 Compensation Plan for Non-Employee Directors as Amended and Restated on February 23, 2022, which may include voluntary deferred compensation.
The deferred stock units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board of Directors of the Company separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.
Paul J. Dechary, attorney-in-fact
2024-06-13