0001567619-22-021207.txt : 20221202 0001567619-22-021207.hdr.sgml : 20221202 20221202165609 ACCESSION NUMBER: 0001567619-22-021207 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221028 FILED AS OF DATE: 20221202 DATE AS OF CHANGE: 20221202 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: SACKS RODNEY C CENTRAL INDEX KEY: 0001284353 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-18761 FILM NUMBER: 221442770 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] 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 doc1.xml FORM 4 X0306 4 2022-10-28 0 0000865752 Monster Beverage Corp MNST 0001284353 SACKS RODNEY C 1 MONSTER WAY CORONA CA 92879 1 1 0 0 Chairman and Co-CEO Common Stock 2022-10-28 5 G 0 183000 0 A 698038 D Common Stock 2022-12-01 4 J 0 33867 0 D 664171 D Common Stock 5645568 I By Brandon Limited Partnership No. 1 Common Stock 29386944 I By Brandon Limited Partnership No. 2 Common Stock 104772 I By Hilrod Holdings IV, L.P. Common Stock 214284 I By Hilrod Holdings V, L.P. Common Stock 323700 I By Hilrod Holdings VI, L.P. Common Stock 120216 I By Hilrod Holdings VII, L.P. Common Stock 568584 I By Hilrod Holdings VIII, L.P. Common Stock 453444 I By Hilrod Holdings IX, L.P. Common Stock 249918 I By Hilrod Holdings X, L.P. Common Stock 505242 I By Hilrod Holdings XI, L.P. Common Stock 327186 I By Hilrod Holdings XII, L.P. Common Stock 1440954 I By Hilrod Holdings XIII, L.P. Common Stock 186790 I By Hilrod Holdings XIV, L.P. Common Stock 4176 I By Hilrod Holdings XV, L.P. Common Stock 336772 I By Hilrod Holdings XIX, L.P. Common Stock 364636 I By Hilrod Holdings XX, L.P. Common Stock 364636 I By Hilrod Holdings XXI, L.P. Common Stock 500000 I By Hilrod Holdings XXII, L.P. Common Stock 244562 I By Hilrod Holdings XXIV, L.P. Common Stock 534000 I By Hilrod Holdings XXV, L.P. Common Stock 2022-12-01 4 J 0 3091215 0 D 0 I By HHS 2010 GRAT #3 Common Stock 2022-12-01 4 J 0 28722 0 D 0 I By HHS 2014 GRAT #2 Employee Stock Option (right to buy) 17.99 2023-06-03 Common Stock 11118 D Employee Stock Option (right to buy) 17.99 2023-06-03 Common Stock 408882 I By Hilrod Holdings XVI, L.P. Employee Stock Option (right to buy) 17.99 2023-06-03 Common Stock 210000 I By Hilrod Holdings XV, L.P. Employee Stock Option (right to buy) 23.35 2024-03-14 Common Stock 4281 D Employee Stock Option (right to buy) 23.35 2024-03-14 Common Stock 420000 I By Hilrod Holdings XVI, L.P. Employee Stock Option (right to buy) 23.35 2024-03-14 Common Stock 154302 I By Hilrod Holdings XVIII, L.P. Employee Stock Option (right to buy) 23.35 2024-03-14 Common Stock 51417 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 45.16 2025-03-13 Common Stock 2214 D Employee Stock Option (right to buy) 45.16 2025-03-13 Common Stock 79200 I By Hilrod Holdings XVI, L.P. Employee Stock Option (right to buy) 45.16 2025-03-13 Common Stock 156186 I By Hilrod Holdings XVIII, L.P. Employee Stock Option (right to buy) 43.99 2026-03-14 Common Stock 2271 D Employee Stock Option (right to buy) 43.99 2026-03-14 Common Stock 97257 I By Hilrod Holdings XVIII, L.P. Employee Stock Option (right to buy) 43.99 2026-03-14 Common Stock 215472 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 46.27 2027-03-14 Common Stock 2163 D Employee Stock Option (right to buy) 46.27 2027-03-14 Common Stock 24963 I By Hilrod Holdings XVIII, L.P. Employee Stock Option (right to buy) 46.27 2027-03-14 Common Stock 76871 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 46.27 2027-03-14 Common Stock 201503 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 58.73 2028-03-14 Common Stock 1702 D Employee Stock Option (right to buy) 58.73 2028-03-14 Common Stock 86298 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 58.73 2028-03-14 Common Stock 176000 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 59.67 2029-03-14 Common Stock 97200 D Employee Stock Option (right to buy) 59.67 2029-03-14 Common Stock 97200 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 59.67 2029-03-14 Common Stock 97200 I By Hilrod Holdings XXVI, L.P. Employee Stock Option (right to buy) 62.39 2030-03-13 Common Stock 106334 D Employee Stock Option (right to buy) 62.39 2030-03-13 Common Stock 85066 I By Hilrod Holdings XXIII, L.P. Employee Stock Option (right to buy) 88.94 2031-03-12 Common Stock 129900 D Employee Stock Option (right to buy) 73.23 2032-03-14 Common Stock 145700 D Restricted Stock Units Common Stock 16028 D Restricted Stock Units Common Stock 25267 D Restricted Stock Units Common Stock 46100 D As a result of the distribution of shares, which were previously reported as indirectly beneficially owned by the reporting person, as the proceeds of an in-kind annuity payment from Hilrod Holdings XXV, L.P. to the reporting person, the total amount of shares directly owned has increased. On December 1, 2022, the reporting person's voting and dispositive power terminated and was transferred to Sterling Trustees LLC. Such shares are not deemed beneficially owned by the reporting person. 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 VII, L.P., Hilrod Holdings VIII, L.P., Hilrod Holdings IX, L.P., Hilrod Holdings X, L.P., Hilrod Holdings XI, L.P., Hilrod Holdings XII, L.P., Hilrod Holdings XIII, L.P., Hilrod Holdings XIV, 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 XXII, 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. Reflects the distribution of shares as the proceeds of an in-kind annuity payment from an existing grantor retained annuity trust and the transfer of shares directly to the reporting person as one of the general partners of Hilrod Holdings XXV L.P. The shares received from the in-kind annuity payment and direct transfer are directly beneficially owned by the reporting person. On December 1, 2022, the reporting person resigned as a trustee of HHS 2010 GRAT #3 and HHS 2014 GRAT #2 and Sterling Trustees LLC was appointed as his successor. Accordingly, 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 HHS 2010 GRAT #3 or HHS 2014 GRAT #2. The shares held by HHS 2010 GRAT #3 and HHS 2014 GRAT #2 are held for the benefit of certain family members of Mr. Schlosberg. 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 53,167 shares. The remaining options vest on March 13, 2023. The options are currently vested with respect to 43,300 shares. The remaining options vest in two equal installments on March 12, 2023 and March 12, 2024. The options vest in three installments as follows: 48,566 shares on March 14, 2023; 48,567 shares on March 14, 2024 and 48,567 shares on March 14, 2025. The restricted stock units were granted under the Monster Beverage Corporation 2011 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 remaining restricted stock units vest on March 13, 2023. Not applicable. 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. The restricted stock units vest in two installments as follows: 12,633 units on March 12, 2023 and 12,634 units on March 12, 2024. The restricted stock units vest in three installments as follows: 15,366 units on March 14, 2023, 15,367 units on March 14, 2024 and 15,367 units on March 14, 2025. Paul J. Dechary, attorney-in-fact 2022-12-02