FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                       
1. Name and Address of Reporting Person * Carling Guy 2. Issuer Name and Ticker or Trading Symbol Monster Beverage Corp [ MNST ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President of EMEA
(Last)          (First)          (Middle)
1 MONSTER WAY		 3. Date of Earliest Transaction (MM/DD/YYYY)
11/11/2022
(Street)
CORONA, CA 92879
(City)        (State)        (Zip)
 4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
 6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock  11/11/2022    M    22500  A $58.73  48401  D   
Common Stock  11/11/2022    M    8750  A $59.67  57151  D   
Common Stock  11/11/2022    M    5000  A $62.39  62151  D   
Common Stock  11/11/2022    S    26948  D $97.22 (1) 35203  D   
Common Stock  11/11/2022    S    9302  D $98.93 (2) 25901  D   

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy)  $58.73  11/11/2022    M        22500    (3) 3/14/2028  Common Stock  22500  $0  15000  D   
Employee Stock Option (right to buy)  $51.5                   (4) 6/1/2028  Common Stock   (5)   8333  D   
Employee Stock Option (right to buy)  $59.67  11/11/2022    M        8750    (6) 3/14/2029  Common Stock  8750  $0  13750  D   
Employee Stock Option (right to buy)  $62.39  11/11/2022    M        5000    (7) 3/13/2030  Common Stock  5000  $0  15000  D   
Employee Stock Option (right to buy)  $88.94                   (8) 3/12/2031  Common Stock   (5)   10000  D   
Employee Stock Option (right to buy)  $73.23                   (9) 3/14/2032  Common Stock   (5)   23000  D   
Restricted Stock Units   (10)                  (11)  (12) Common Stock   (5)   3000  D   
Restricted Stock Units   (10)                  (13)  (12) Common Stock   (5)   4675  D   
Restricted Stock Units   (10)                  (14)  (12) Common Stock   (5)   5250  D   
Restricted Stock Units   (15)                  (16)  (12) Common Stock   (5)   2520  D   
Restricted Stock Units   (15)                  (17)  (12) Common Stock   (5)   6800  D   

Explanation of Responses:
(1)  This transaction was executed in multiple trades at prices ranging from $97.01 to $97.50. 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.
(2)  This transaction was executed in multiple trades at prices ranging from $98.50 to $99.30. 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.
(3)  The remaining options vest on March 14, 2023.
(4)  The remaining options vest on June 1, 2023.
(5)  No transaction is being reported at this time. This line is only reporting holdings as of the date hereof.
(6)  The remaining options vest in two installments as follows: 6,250 shares on March 14, 2023 and 7,500 shares on March 14, 2024.
(7)  The remaining options vest in three installments as follows: 4,000 shares on March 13, 2023? 5,000 shares on March 13, 2024 and 6,000 shares on March 13, 2025.
(8)  The options are currently vested with respect to 1,000 shares. The remaining options vest in four installments as follows: 1,500 shares on March 12, 2023? 2,000 shares on March 12, 2024? 2,500 shares on March 12, 2025 and 3,000 shares on March 12, 2026.
(9)  The options vest in five installments as follows: 2,300 shares on March 14, 2023; 3,450 shares on March 14, 2024; 4,600 shares on March 14, 2025; 5,750 shares on March 14, 2026 and 6,900 shares on March 14, 2027.
(10)  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.
(11)  The remaining restricted stock units vest on June 1, 2023.
(12)  Not applicable.
(13)  The restricted stock units vest in two installments as follows: 2,125 units on March 14, 2023 and 2,550 shares on March 14, 2024.
(14)  The restricted stock units vest in three installments as follows: 1,400 units on March 13, 2023? 1,750 units on March 13, 2024 and 2,100 units on March 13, 2025.
(15)  The restricted stock units were granted under the Monster Beverage Corporation 2020 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.
(16)  The restricted stock units vest in four installments as follows: 420 units on March 12, 2023? 560 units on March 12, 2024? 700 units on March 12, 2025 and 840 units on March 12, 2026.
(17)  The restricted stock units vest in five installments as follows: 680 units on March 14, 2023, 1,020 units on March 14, 2024, 1,360 units on March 14, 2025, 1,700 units on March 14, 2026 and 2,040 units on March 14, 2027.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Carling Guy
1 MONSTER WAY
CORONA, CA 92879

President of EMEA

Signatures
Paul J. Dechary, attorney-in-fact 11/15/2022
**Signature of Reporting Person Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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