<SEC-DOCUMENT>0000865752-23-000081.txt : 20230811
<SEC-HEADER>0000865752-23-000081.hdr.sgml : 20230811
<ACCEPTANCE-DATETIME>20230811193356
ACCESSION NUMBER:		0000865752-23-000081
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20230809
FILED AS OF DATE:		20230811
DATE AS OF CHANGE:		20230811

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			HALL MARK J
		CENTRAL INDEX KEY:			0001286595

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-18761
		FILM NUMBER:		231165771

	MAIL ADDRESS:	
		STREET 1:		MONSTER BEVERAGE CORPORATION
		STREET 2:		1 MONSTER WAY
		CITY:			CORONA
		STATE:			CA
		ZIP:			92879

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Monster Beverage Corp
		CENTRAL INDEX KEY:			0000865752
		STANDARD INDUSTRIAL CLASSIFICATION:	BOTTLED & CANNED SOFT DRINKS CARBONATED WATERS [2086]
		IRS NUMBER:				471809393
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1 MONSTER WAY
		CITY:			CORONA
		STATE:			CA
		ZIP:			92879
		BUSINESS PHONE:		909-739-6200

	MAIL ADDRESS:	
		STREET 1:		1 MONSTER WAY
		CITY:			CORONA
		STATE:			CA
		ZIP:			92879

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HANSEN NATURAL CORP
		DATE OF NAME CHANGE:	19930328

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNIPAC CORP
		DATE OF NAME CHANGE:	19600201
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<TEXT>
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<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2023-08-09</periodOfReport>

    <issuer>
        <issuerCik>0000865752</issuerCik>
        <issuerName>Monster Beverage Corp</issuerName>
        <issuerTradingSymbol>MNST</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
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            <rptOwnerCik>0001286595</rptOwnerCik>
            <rptOwnerName>HALL MARK J</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1 MONSTER WAY</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>CORONA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>92879</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>true</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>false</aff10b5One>

    <nonDerivativeTable>
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                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2023-08-09</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>110000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>57.35</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
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            <ownershipNature>
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                <natureOfOwnership>
                    <value>By MJCF Hall Family Trust</value>
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                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
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        </derivativeHolding>
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                <footnoteId id="F5"/>
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            <exerciseDate>
                <footnoteId id="F8"/>
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            <expirationDate>
                <value>2029-03-14</value>
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        <derivativeHolding>
            <securityTitle>
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            <conversionOrExercisePrice>
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                <footnoteId id="F5"/>
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            <exerciseDate>
                <footnoteId id="F9"/>
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            <expirationDate>
                <value>2030-03-13</value>
            </expirationDate>
            <underlyingSecurity>
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                <footnoteId id="F5"/>
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                <value>2031-03-12</value>
            </expirationDate>
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            <expirationDate>
                <value>2033-03-14</value>
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            <securityTitle>
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    </derivativeTable>

    <footnotes>
        <footnote id="F1">This transaction was executed in multiple trades at prices ranging from $57.30 to $57.62. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.</footnote>
        <footnote id="F2">On March 27, 2023, the common stock of the Company split 2-for-1 (the &quot;Stock Split&quot;). As a result, the reporting person received one additional share for every one share of common stock held prior to the Stock Split.</footnote>
        <footnote id="F3">The reporting person serves as co-trustee of the MJCF Hall Family Trust, of which the reporting person and his wife are trustees and beneficiaries.</footnote>
        <footnote id="F4">This transaction was executed in multiple trades at prices ranging from $58.54 to $58.72. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.</footnote>
        <footnote id="F5">Due to the Stock Split, the number of shares allowed to be purchased by the reporting person were doubled and the exercise price per share was reduced by one-half.</footnote>
        <footnote id="F6">The options are fully vested.</footnote>
        <footnote id="F7">No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.</footnote>
        <footnote id="F8">The options are currently vested with respect to 35,000 shares. The remaining options vest on March 14, 2024.</footnote>
        <footnote id="F9">The options are currently vested with respect to 18,000 shares. The remaining options vest in two installments as follows: 10,000 shares on March 13, 2024 and 12,000 shares on March 13, 2025.</footnote>
        <footnote id="F10">The options are currently vested with respect to 10,000 shares. The remaining options vest in three installments as follows: 8,000 shares on March 12, 2024; 10,000 shares on March 12, 2025 and 12,000 shares on March 12, 2026.</footnote>
        <footnote id="F11">The options are currently vested with respect to 6,000 shares. The remaining options vest in four installments as follows: 9,000 shares on March 14, 2024; 12,000 shares on March 14, 2025; 15,000 shares on March 14, 2026 and 18,000 shares on March 14, 2027.</footnote>
        <footnote id="F12">The options vest in five installments as follows: 6,000 shares on March 14, 2024; 9,000 shares on March 14, 2025; 12,000 shares on March 14, 2026; 15,000 shares on March 14, 2027 and 18,000 shares on March 14, 2028.</footnote>
        <footnote id="F13">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.</footnote>
        <footnote id="F14">The remaining restricted stock units vest on March 14, 2024.</footnote>
        <footnote id="F15">Not applicable.</footnote>
        <footnote id="F16">Due to the Stock Split, the number of shares of common stock to be settled by the Company and delivered to the reporting person under the Company's equity incentive compensation plans or agreements governing restricted stock units (or the cash equivalent of such shares) were doubled.</footnote>
        <footnote id="F17">The remaining restricted stock units vest in two installments as follows: 3,500 units on March 13, 2024 and 4,200 units on March 13, 2025.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Paul J. Dechary, attorney-in-fact</signatureName>
        <signatureDate>2023-08-11</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
