4//SEC Filing
POLK BENJAMIN 4
Accession 0001567619-21-012244
CIK 0000865752other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 7:27 PM ET
Size
12.1 KB
Accession
0001567619-21-012244
Insider Transaction Report
Form 4
POLK BENJAMIN
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-06-14−2,276→ 0 totalFrom: 2021-06-14→ Common Stock (2,276 underlying) - Award
Deferred Stock Units
2021-06-14+2,276→ 7,617 total→ Common Stock (2,276 underlying) - Award
Restricted Stock Units
2021-06-15+1,790→ 1,790 total→ Common Stock (1,790 underlying)
Holdings
- 41,817
Common Stock
Footnotes (8)
- [F1]No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
- [F2]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 8 below.
- [F3]Not applicable.
- [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 2022 annual stockholder meeting, provided that the reporting person continues as a director of the Company through such date.
- [F6]Each Deferred Stock Unit is economically equivalent to one share of Common Stock.
- [F7]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.
- [F8]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 0001266254
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 7:27 PM ET
- Size
- 12.1 KB