4//SEC Filing
Monster Beverage Corp 4
Accession 0001140361-15-024146
$MNSTCIK 0000865752operating
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 5:10 PM ET
Size
10.5 KB
Accession
0001140361-15-024146
Insider Transaction Report
Form 4
EPSTEIN NORMAN
Director
Transactions
- Disposition to Issuer
Common Stock
2015-06-12−3,198→ 0 total - Disposition to Issuer
Common Stock
2015-06-12−8,000→ 0 total(indirect: By Shoreland Investments Limited) - Disposition to Issuer
Restricted Stock Units
2015-06-12−2,101→ 0 total→ Common Stock (2,101 underlying)
Footnotes (6)
- [F1]On June 12, 2015, Monster Beverage Corporation completed a holding company reorganization in which Monster Beverage Corporation ("Old Monster") merged with and into a wholly-owned subsidiary of New Laser Corporation (which has been renamed Monster Beverage Corporation) ("New Monster") with Old Monster continuing as the surviving corporation and as a wholly-owned subsidiary of New Monster (the "Holding Company Reorganization"). In the Holding Company Reorganization, each outstanding common share of Old Monster was disposed of in exchange for one common share of New Monster, and all Old Monster restricted stock units and stock options were disposed of in exchange for an equal number of New Monster restricted stock units and stock options, respectively.
- [F2]In connection with the transactions consummated on June 12, 2015, immediately after the effective time of the Holding Company Reorganization, New Monster issued to The Coca-Cola Company newly issued common shares of New Monster representing approximately 16.7% of the total number of outstanding New Monster common shares (giving effect to such issuance).
- [F3]The reporting person is a director of Shoreland Investments Limited and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
- [F4]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.
- [F5]The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2015 annual shareholder meeting, provided that the reporting person continues as a director of the Company through such date.
- [F6]N/A
Documents
Issuer
Monster Beverage Corp
CIK 0000865752
Entity typeoperating
Related Parties
1- filerCIK 0000865752
Filing Metadata
- Form type
- 4
- Filed
- Jun 11, 8:00 PM ET
- Accepted
- Jun 12, 5:10 PM ET
- Size
- 10.5 KB