4//SEC Filing
Pizula Steven G 4
Accession 0001567619-20-011747
CIK 0000865752other
Filed
Jun 3, 8:00 PM ET
Accepted
Jun 4, 8:21 PM ET
Size
11.3 KB
Accession
0001567619-20-011747
Insider Transaction Report
Form 4
Pizula Steven G
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2020-06-02−2,585→ 0 totalFrom: 2020-06-02→ Common Stock (2,585 underlying) - Award
Restricted Stock Units
2020-06-03+2,276→ 2,276 total→ Common Stock (2,276 underlying) - Award
Deferred Stock Units
2020-06-02+2,585→ 2,585 total→ Common Stock (2,585 underlying)
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. These restricted stock units were settled as shares of common stock and the reporting person has elected to defer the same, see footnote 6 below.
- [F2]Not applicable.
- [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.
- [F4]The restricted stock units vest with respect to 100% of such restricted stock units on the last business day prior to the Company's 2021 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.
- [F5]Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- [F6]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, effective May 1, 2017, which may include voluntary deferred compensation.
- [F7]The Deferred Stock Units credited under the Deferral Plan are settled (other than fractional units) in stock and are generally payable in the form elected or provided under the Deferral Plan on the earliest of: (i) a specified date or event designated by the reporting person, (ii) in the calendar year following the year in which the reporting person's service with the Board separates, or (iii) upon death, disability or change in control as defined under the Deferral Plan.
Documents
Issuer
Monster Beverage Corp
CIK 0000865752
Entity typeother
Related Parties
1- filerCIK 0001778674
Filing Metadata
- Form type
- 4
- Filed
- Jun 3, 8:00 PM ET
- Accepted
- Jun 4, 8:21 PM ET
- Size
- 11.3 KB