Sec Form 4 Filing - SCHLOSBERG HILTON H @ Monster Beverage Corp - 2020-04-06

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
SCHLOSBERG HILTON H
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)
Vice Chairman and President
(Last) (First) (Middle)
1 MONSTER WAY
3. Date of Earliest Transaction (MM/DD/YY)
04/06/2020
(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)
Code V Amount (A) or (D) Price
Common Stock 04/09/2020 G( 1 ) V 1,000,000 D $ 0 238,118 D
Common Stock 5,645,568 I By Brandon Limited Partnership No. 1 ( 2 )
Common Stock 29,386,944 I By Brandon Limited Partnership No. 2 ( 2 )
Common Stock 104,772 I By Hilrod Holdings IV, L.P. ( 2 )
Common Stock 214,284 I By Hilrod Holdings V, L.P. ( 2 )
Common Stock 323,700 I By Hilrod Holdings VI, L.P. ( 2 )
Common Stock 120,216 I By Hilrod Holdings VII, L.P. ( 2 )
Common Stock 568,584 I By Hilrod Holdings VIII, L.P. ( 2 )
Common Stock 453,444 I By Hilrod Holdings IX, L.P. ( 2 )
Common Stock 249,918 I By Hilrod Holdings X, L.P. ( 2 )
Common Stock 505,242 I By Hilrod Holdings XI, L.P. ( 2 )
Common Stock 327,186 I By Hilrod Holdings XII, L.P. ( 2 )
Common Stock 1,440,954 I By Hilrod Holdings XIII, L.P. ( 2 )
Common Stock 186,790 I By Hilrod Holdings XIV, L.P. ( 2 )
Common Stock 4,176 I By Hilrod Holdings XV, L.P. ( 2 )
Common Stock 462,826 I By Hilrod Holdings XVI, L.P. ( 2 )
Common Stock 1,678,336 I By Hilrod Holdings XVII, L.P. ( 2 )
Common Stock 506,566 I By Hilrod Holdings XIX, L.P. ( 2 )
Common Stock 04/09/2020 G( 3 ) V 2,000,000 A $ 0 2,000,000 I By Hilrod Holdings XX, L.P. ( 2 )
Common Stock 90,204 I By RCS 2008 GRAT #2 ( 2 )
Common Stock 231,363 I By RCS 2009 GRAT #2 ( 2 )
Common Stock 105,486 I By RCS Direct 2010 GRAT ( 2 )
Common Stock 4,836 I By RCS Direct 2010 GRAT #2 ( 2 )
Common Stock 1,639,842 I By RCS 2010 GRAT #3 ( 2 )
Common Stock 80,598 I By RCS Direct 2011 GRAT ( 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $ 17.99 ( 4 ) 06/03/2023 Common Stock ( 5 ) 11,118 D
Employee Stock Option (right to buy) $ 17.99 ( 4 ) 06/03/2023 Common Stock ( 5 ) 408,882 I By Hilrod Holdings XVI, L.P. ( 2 )
Employee Stock Option (right to buy) $ 17.99 ( 4 ) 06/03/2023 Common Stock ( 5 ) 210,000 I By Hilrod Holdings XV, L.P. ( 2 )
Employee Stock Option (right to buy) $ 23.35 ( 4 ) 03/14/2024 Common Stock ( 5 ) 4,281 D
Employee Stock Option (right to buy) $ 23.35 ( 4 ) 03/14/2024 Common Stock ( 5 ) 420,000 I By Hilrod Holdings XVI, L.P. ( 2 )
Employee Stock Option (right to buy) $ 23.35 ( 4 ) 03/14/2024 Common Stock ( 5 ) 205,719 I By Hildrod Holdings XVIII, L.P. ( 2 )
Employee Stock Option (right to buy) $ 45.16 ( 4 ) 03/13/2025 Common Stock ( 5 ) 2,214 D
Employee Stock Option (right to buy) $ 45.16 ( 4 ) 03/13/2025 Common Stock ( 5 ) 79,200 I By Hilrod Holdings XVI, L.P. ( 2 )
Employee Stock Option (right to buy) $ 45.16 ( 4 ) 03/13/2025 Common Stock ( 5 ) 156,186 I By Hilrod Holdings XVIII, L.P. ( 2 )
Employee Stock Option (right to buy) $ 43.99 04/06/2020 G( 6 ) V 215,472 ( 4 ) 03/14/2026 Common Stock 215,472 $ 0 2,271 D
Employee Stock Option (right to buy) $ 43.99 ( 4 ) 03/14/2026 Common Stock ( 5 ) 97,257 I By Hilrod Holdings XVIII, L.P. ( 2 )
Employee Stock Option (right to buy) $ 43.99 ( 4 ) 03/14/2026 Common Stock 215,472 215,472 I By Hilrod Holdings XXI, L.P. ( 2 )
Employee Stock Option (right to buy) $ 46.27 04/06/2020 G( 6 ) V 201,503 ( 4 ) 03/14/2027 Common Stock 201,503 $ 0 2,163 D
Employee Stock Option (right to buy) $ 46.27 ( 4 ) 03/14/2027 Common Stock ( 5 ) 101,834 I By Hildrod Holdings XVIII, L.P. ( 2 )
Employee Stock Option (right to buy) $ 46.27 ( 4 ) 03/14/2027 Common Stock 201,503 201,503 I By Hildrod Holdings XXI, L.P. ( 2 )
Employee Stock Option (right to buy) $ 58.73 04/06/2020 G( 6 ) V 176,000 ( 7 ) 03/14/2028 Common Stock 176,000 $ 0 88,000 D
Employee Stock Option (right to buy) $ 58.73 ( 4 ) 03/14/2028 Common Stock 176,000 176,000 I By Hildrod Holdings XXI, L.P. ( 2 )
Employee Stock Option (right to buy) $ 59.67 04/06/2020 G( 6 ) V 97,200 ( 8 ) 03/14/2029 Common Stock 97,200 $ 0 194,400 D
Employee Stock Option (right to buy) $ 59.67 ( 4 ) 03/14/2029 Common Stock 97,200 97,200 I By Hildrod Holdings XXI, L.P. ( 2 )
Employee Stock Option (right to buy) $ 62.39 ( 9 ) 03/13/2030 Common Stock ( 5 ) 191,400 D
Restricted Stock Units ( 10 ) ( 11 ) ( 12 ) Common Stock ( 5 ) 34,067 D
Restricted Stock Units ( 10 ) ( 13 ) ( 12 ) Common Stock ( 5 ) 67,067 D
Restricted Stock Units ( 10 ) ( 14 ) ( 12 ) Common Stock ( 5 ) 57,700 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
SCHLOSBERG HILTON H
1 MONSTER WAY
CORONA, CA92879
X Vice Chairman and President
Signatures
Paul J. Dechary, attorney-in-fact 04/23/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Reflects the transfer of shares from the reporting person to Hilrod Holdings XX, L.P., of which the reporting person is one of the general partners and limited partners. The shares transferred to Hilrod Holdings XX, L.P. are indirectly beneficially owned by the reporting person.
( 2 )The reporting person 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 XVII, L.P., Hilrod Holdings XVIII, L.P., Hilrod Holdings XIX, L.P., Hilrod Holdings XX, L.P. and Hilrod Holdings XXI, L.P. The reporting person is the trustee of RCS 2008 GRAT #2, RCS 2009 GRAT #2, RCS Direct 2010 GRAT, RCS Direct 2010 GRAT #2, RCS 2010 GRAT #3 and RCS Direct 2011 GRAT. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
( 3 )Reflects the transfer of shares from the reporting person and Rodney Sacks to Hilrod Holdings XX, L.P., of which the reporting person is one of the general partners and limited partners. The shares transferred to Hilrod Holdings XX, L.P. are indirectly beneficially owned by the reporting person.
( 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 )Reflects the assignment of options from the reporting person to Hilrod Holdings XXI, L.P., of which the reporting person is one of the general partners and limited partners. The options assigned to Hilrod Holdings XXI, L.P. are indirectly beneficially owned by the reporting person.
( 7 )The remaining options vest on March 14, 2021.
( 8 )The remaining options vest in two equal installments on March 14, 2021 and 2022.
( 9 )The options vest in three installments as follows: 85,066 shares on March 13, 2021, 53,167 shares on March 13, 2022 and 53,167 shares on March 13, 2023.
( 10 )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.
( 11 )The remaining restricted stock units vest on March 14, 2021.
( 12 )Not applicable.
( 13 )The restricted stock units vest in two installments as follows: 33,533 units on March 14, 2021 and 33,534 units on March 14, 2022.
( 14 )The restricted stock units vest in three installments as follows: 25,644 units on March 13, 2021, 16,028 units on March 13, 2022 and 16,028 units on March 13, 2023.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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