Vidergauz Mark's Form 4 filing
Monster Beverage Corp (MNST) · filed Jun 13, 2024
- Accession no.
- 0000865752-24-000054
- Filed
- Jun 13, 2024
- Trade date
- Jun 11-13, 2024
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not checked
This filing lists 2 non-derivative transactions and 3 derivative transactions. Open-market sales total $781.8K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Vidergauz MarkCIK 0001266256 | Director |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 11, 2024 | Common Stock | SSaleDisposed | −8,000 | $50.84F1 | −$406,720 | 75,244 | Direct | |
| Jun 11, 2024 | Common Stock | SSaleDisposed | −7,077 | $53.00 | −$375,081 | 68,167 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 12, 2024 | Common Stock | MOption exerciseDisposed | −2,932 | –F3 | – | 0 | Direct | |
| Jun 13, 2024 | Common Stock | AGrant or awardAcquired | +3,592 | $0.00 | $0 | 3,592 | Direct | |
| Jun 12, 2024 | Common Stock | AGrant or awardAcquired | +2,932 | –F3,F8 | – | 2,932 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
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.
Referenced by the price of 1 transaction in Table I.
- F3
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.
Referenced by the price of 2 transactions in Table II.
- F8
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.
Referenced by the price of 1 transaction in Table II.