0000865752-24-000022.txt : 20240314
0000865752-24-000022.hdr.sgml : 20240314
20240314213439
ACCESSION NUMBER: 0000865752-24-000022
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: SCHLOSBERG HILTON H
CENTRAL INDEX KEY: 0001284352
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-18761
FILM NUMBER: 24752314
MAIL ADDRESS:
STREET 1: C/O MONSTER BEVERAGE CORP
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
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form4.xml
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2024-03-12
0000865752
Monster Beverage Corp
MNST
0001284352
SCHLOSBERG HILTON H
1 MONSTER WAY
CORONA
CA
92879
true
true
Vice Chairman and Co-CEO
false
Common Stock
2024-03-12
4
M
0
25268
A
1984881
D
Common Stock
2024-03-12
4
F
0
12806
59.82
D
1972075
D
Common Stock
2024-03-13
4
J
0
240125
0
D
1731950
D
Common Stock
2024-03-13
4
J
0
62331
0
A
1794281
D
Common Stock
2024-03-13
4
G
0
673
0
D
1793608
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Common Stock
2024-03-13
4
G
0
252
0
D
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Common Stock
2024-03-14
4
M
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A
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D
Common Stock
2024-03-14
4
M
0
22532
A
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D
Common Stock
2024-03-14
4
A
0
198858
0
A
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D
Common Stock
2024-03-14
4
F
0
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D
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D
Common Stock
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I
By Brandon Limited Partnership No. 1
Common Stock
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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
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0
D
0
I
By Hilrod Holdings VI, L.P.
Common Stock
2024-03-13
4
J
0
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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
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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
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2034-03-14
Common Stock
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Restricted Stock Units
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Restricted Stock Units
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Restricted Stock Units
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A
0
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Common Stock
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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 240,125 shares owned directly by the reporting person to trusts (of which Sterling Trustees LLC is trustee) towards the satisfaction of a loan 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 Rodney Sacks, 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