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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 4/5/24 |
Issuer: |
| Issuer CIK: 865752 |
| Issuer Name: Monster Beverage Corp |
| Issuer Trading Symbol: MNST |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1903741 |
| | Owner Name: Demel Ana |
| Reporting Owner Address: |
| | Owner Street 1: 1 MONSTER WAY |
| | Owner Street 2: |
| | Owner City: CORONA |
| | Owner State: CA |
| | Owner ZIP Code: 92879 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
Aff 10b5 One? No |
Derivative Table: |
| Derivative Holding: |
| | Security Title: |
| | | Value: Restricted Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Exercise Date: |
| | | Footnote ID: F2 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Footnote ID: F4 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 2,932 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Deferred Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F5 |
| | Transaction Date: |
| | | Value: 4/5/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 380 |
| Footnote ID: F6 |
| | | Transaction Price Per Share: |
| Value: 55.9 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F7 |
| | Expiration Date: |
| | | Footnote ID: F7 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 380 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 7,659 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: 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. |
| Footnote - F2: The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2024 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date. |
| Footnote - F3: Not applicable. |
| Footnote - F4: No transaction is being reported at this time. This line is only reporting holdings as of the date hereof. |
| Footnote - F5: Each deferred stock unit is economically equivalent to one share of the Company's common stock. |
| Footnote - F6: 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. |
| Footnote - F7: 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. |
Owner Signature: |
| Signature Name: Paul J. Dechary, attorney-in-fact |
| Signature Date: 4/9/24 |