Monster Beverage Corp 4
4 · Monster Beverage Corp · Filed Jun 20, 2017
Insider Transaction Report
Form 4
EPSTEIN NORMAN
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-06-16−3,237→ 0 totalFrom: 2017-06-16→ Common Stock (3,237 underlying) - Exercise/Conversion
Common Stock
2017-06-16+3,237→ 22,050 total - Award
Restricted Stock Units
2017-06-19+3,244→ 3,244 total→ Common Stock (3,244 underlying)
Holdings
- 24,000(indirect: By Shoreland Investments Limited)
Common Stock
Footnotes (7)
- [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. The reporting person settled these restricted stock units in shares of common stock.
- [F2]On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 12,542 additional shares of common stock.
- [F3]On November 9, 2016, the common stock of Monster Beverage Corporation split 3-for-1, resulting in the reporting person's ownership of 16,000 additional shares of common stock.
- [F4]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.
- [F5]Not applicable.
- [F6]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.
- [F7]The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2018 annual shareholder meeting, provided that the reporting person continues as a director of the Company through such date.