Sec Form 4 Filing - SACKS RODNEY C @ Monster Beverage Corp

Insider filing report for Changes in Beneficial Ownership

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FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person

SACKS RODNEY C

2. Issuer Name and Ticker or Trading Symbol
Monster Beverage Corp [ MNST]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X __ Director	_____ 10% Owner
X __ Officer (give title below)	_____ Other (specify below)
Chairman and Co-CEO

(Last)

(First)

(Middle)

1 MONSTER WAY

3. Date of Earliest Transaction (MM/DD/YY)
06/12/2023

(Street)

CORONA, CA92879

4. If Amendment, Date Original Filed (MM/DD/YY)

6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

**Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned**
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (MM/DD/YY)	2A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/12/2023		J		58,481 ^{( 1 )}	A	$ 0	1,500,303	D
Common Stock								11,291,136	I	By Brandon Limited Partnership No. 1 ^{( 2 )}
Common Stock								58,773,888	I	By Brandon Limited Partnership No. 2 ^{( 2 )}
Common Stock								209,544	I	By Hilrod Holdings IV, L.P. ^{( 2 )}
Common Stock								428,568	I	By Hilrod Holdings V, L.P. ^{( 2 )}
Common Stock								647,400	I	By Hilrod Holdings VI, L.P. ^{( 2 )}
Common Stock	06/12/2023		J^{( 3 )}		240,432	D	$ 0	0	I	By Hilrod Holdings VII, L.P. ^{( 3 )}
Common Stock								1,137,168	I	By Hilrod Holdings VIII, L.P. ^{( 2 )}
Common Stock								906,888	I	By Hilrod Holdings IX, L.P. ^{( 2 )}
Common Stock								499,836	I	By Hilrod Holdings X, L.P. ^{( 2 )}
Common Stock	06/13/2023		J^{( 3 )}		1,010,484	D	$ 0	0	I	By Hilrod Holdings XI, L.P. ^{( 3 )}
Common Stock	06/13/2023		J^{( 3 )}		654,372	D	$ 0	0	I	By Hilrod Holdings XII, L.P. ^{( 3 )}
Common Stock	06/13/2023		J^{( 3 )}		2,881,908	D	$ 0	0	I	By Hilrod Holdings XIII, L.P. ^{( 3 )}
Common Stock	06/12/2023		J^{( 3 )}		373,580	D	$ 0	0	I	By Hilrod Holdings XIV, L.P. ^{( 3 )}
Common Stock								361,356	I	By Hilrod Holdings XV, L.P. ^{( 2 )}
Common Stock	06/12/2023		J^{( 3 )}		687,320	D	$ 0	0	I	By Hilrod Holdings XVI, L.P. ^{( 2 )}
Common Stock								673,544	I	By Hilrod Holdings XIX, L.P. ^{( 2 )}
Common Stock								729,272	I	By Hilrod Holdings XX, L.P. ^{( 2 )}
Common Stock								729,272	I	By Hilrod Holdings XXI, L.P. ^{( 2 )}
Common Stock								1,000,000	I	By Hilrod Holdings XXII, L.P. ^{( 2 )}
Common Stock								489,124	I	By Hilrod Holdings XXIV, L.P. ^{( 2 )}
Common Stock								1,068,000	I	By Hilrod Holdings XXV, L.P. ^{( 2 )}

**Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned**
( *e.g.* , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)		6. Date Exercisable and Expiration Date (MM/DD/YY)		7. Title and Amount of Underlying Securities (Instr. 3 and 4)	8. Price of Derivative Security (Instr. 5)	9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (MM/DD/YY)	3A. Deemed Execution Date, if any (MM/DD/YY)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)	Amount or Number of Shares
Employee Stock Option (right to buy)	$ 11.68							^{( 4 )}	03/14/2024	Common Stock	^{( 5 )}		8,562	D
Employee Stock Option (right to buy)	$ 11.68							^{( 4 )}	03/14/2024	Common Stock	^{( 5 )}		840,000	I	By Hilrod Holdings XVI, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 11.68							^{( 4 )}	03/14/2024	Common Stock	^{( 5 )}		308,604	I	By Hilrod Holdings XVIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 11.68							^{( 4 )}	03/14/2024	Common Stock	^{( 5 )}		102,834	I	By Hilrod Holdings XXIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 22.58							^{( 4 )}	03/13/2025	Common Stock	^{( 5 )}		4,428	D
Employee Stock Option (right to buy)	$ 22.58							^{( 4 )}	03/13/2025	Common Stock	^{( 5 )}		158,400	I	By Hilrod Holdings XVI, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 22.58							^{( 4 )}	03/13/2025	Common Stock	^{( 5 )}		312,372	I	By Hilrod Holdings XVIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 21.99							^{( 4 )}	03/14/2026	Common Stock	^{( 5 )}		4,542	D
Employee Stock Option (right to buy)	$ 21.99							^{( 4 )}	03/14/2026	Common Stock	^{( 5 )}		194,514	I	By Hilrod Holdings XVIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 21.99							^{( 4 )}	03/14/2026	Common Stock	^{( 5 )}		430,944	I	By Hilrod Holdings XXVI, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 23.14							^{( 4 )}	03/14/2027	Common Stock	^{( 5 )}		4,326	D
Employee Stock Option (right to buy)	$ 23.14							^{( 4 )}	03/14/2027	Common Stock	^{( 5 )}		49,926	I	By Hilrod Holdings XVIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 23.14							^{( 4 )}	03/14/2027	Common Stock	^{( 5 )}		153,742	I	By Hilrod Holdings XXIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 23.14							^{( 4 )}	03/14/2027	Common Stock	^{( 5 )}		403,006	I	By Hilrod Holdings XXVI, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 29.37							^{( 4 )}	03/14/2028	Common Stock	^{( 5 )}		3,404	D
Employee Stock Option (right to buy)	$ 29.37							^{( 4 )}	03/14/2028	Common Stock	^{( 5 )}		172,596	I	By Hilrod Holdings XXIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 29.37							^{( 4 )}	03/14/2028	Common Stock	^{( 5 )}		352,000	I	By Hilrod Holdings XXVI, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 29.84							^{( 4 )}	03/14/2029	Common Stock	^{( 5 )}		194,400	D
Employee Stock Option (right to buy)	$ 29.84							^{( 4 )}	03/14/2029	Common Stock	^{( 5 )}		194,400	I	By Hilrod Holdings XXIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 29.84							^{( 4 )}	03/14/2029	Common Stock	^{( 5 )}		194,400	I	By Hilrod Holdings XXVI, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 31.2							^{( 4 )}	03/13/2030	Common Stock	^{( 5 )}		212,668	D
Employee Stock Option (right to buy)	$ 31.2							^{( 4 )}	03/13/2030	Common Stock	^{( 5 )}		170,132	I	By Hilrod Holdings XXIII, L.P. ^{( 2 )}
Employee Stock Option (right to buy)	$ 44.47							^{( 6 )}	03/12/2031	Common Stock	^{( 5 )}		259,800	D
Employee Stock Option (right to buy)	$ 36.62							^{( 7 )}	03/14/2032	Common Stock	^{( 5 )}		291,400	D
Employee Stock Option (right to buy)	$ 50.82							^{( 8 )}	03/14/2033	Common Stock	^{( 5 )}		183,000	D
Restricted Stock Units	^{( 9 )}							^{( 10 )}	^{( 11 )}	Common Stock	^{( 5 )}		25,268	D
Restricted Stock Units	^{( 9 )}							^{( 12 )}	^{( 11 )}	Common Stock	^{( 5 )}		61,468	D
Restricted Stock Units	^{( 9 )}							^{( 13 )}	^{( 11 )}	Common Stock	^{( 5 )}		67,600	D

**Reporting Owners**
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
SACKS RODNEY C 1 MONSTER WAY CORONA, CA92879	X		Chairman and Co-CEO

**Signatures**
Paul J. Dechary, attorney-in-fact		06/14/2023
Signature of Reporting Person		Date

Explanation of Responses:

( 1 )Reflects the sum of 2,404 shares distributed by Hilrod Holdings VII, L.P., 10,105 shares distributed by Hilrod Holdings XI, L.P., 6,544 shares distributed by Hilrod Holdings XII, L.P., 28,819 shares distributed by Hilrod Holdings XIII, L.P., 3,736 shares distributed by Hilrod Holdings XIV, L.P., and 6,873 shares distributed by Hilrod Holdings XVI, 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.
( 2 )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 X, 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.
( 3 )On June 12, 2023 and June 13, 2023, Hilrod Holdings VII, L.P., Hilrod Holdings XI, L.P., Hilrod Holdings XII, L.P., Hilrod Holdings XIII, L.P., Hilrod Holdings XIV, L.P., and Hilrod Holdings XVI, L.P. distributed all of the shares to their general and limited partners based upon their partnership percentages. The reporting person as the general partner received his pro rata share of the shares distributed and such shares are now reflected as directly held by the reporting person. The limited partners' shares are held by trusts for the benefit of certain family members of the reporting person and Mr. Schlosberg 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.
( 4 )The options are currently vested.
( 5 )No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
( 6 )The options are currently vested with respect to 173,200 shares. The remaining options vest on March 12, 2024.
( 7 )The options are currently vested with respect to 97,132 shares. The remaining options vest in two equal installments on March 14, 2024 and March 14, 2025.
( 8 )The options vest in three equal installments on March 14, 2024, 2025 and 2026.
( 9 )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.
( 10 )The remaining restricted stock units vest on March 12, 2024.
( 11 )Not applicable.
( 12 )The remaining restricted stock units vest in two installments as follows: 30,734 units on March 14, 2024 and 30,734 units on March 14, 2025.
( 13 )The restricted stock units vest in three installments as follows: 22,532 units on March 14, 2024, 22,534 units on March 14, 2025 and 22,534 units on March 14, 2026.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the fo rm is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Sec Form 4 Filing - SACKS RODNEY C @ Monster Beverage Corp - 2023-06-12