The president of the Monster Beverage unit at Hansen Natural Corp. has exercised options for 370,400 shares of common stock.

In a filing with the US Securities and Exchange Commission this week, it was reported that Mark Hall exercised options for the shares for 45 cents to US$16.87 apiece, and then sold 270,400 of them for US$44.65 apiece.

Last month, Hansen posted a 38% leap in sales for the first three months of this year, reaching US$165.4m. The sales figures were the only results given for the three-month period.