4//SEC Filing
ACON Funko Manager, L.L.C. 4
Accession 0001062993-22-008960
CIK 0001704711other
Filed
Mar 28, 8:00 PM ET
Accepted
Mar 29, 7:26 PM ET
Size
10.8 KB
Accession
0001062993-22-008960
Insider Transaction Report
Form 4
Funko, Inc.FNKO
ACON Funko Manager, L.L.C.
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2022-03-25$5.80/sh+5,900$34,220→ 5,900 total(indirect: See footnote) - Exercise/Conversion
Stock Option (Right to Buy)
2022-03-25−5,900→ 0 total(indirect: See footnote)Exercise: $5.80Exp: 2022-04-03→ Class A common stock (5,900 underlying)
Holdings
- 3,500,563(indirect: By ACON Funko Investors Holdings 1, L.L.C)
Class A Common Stock
- 13,970
Class A Common Stock
Footnotes (5)
- [F1]Represents a stock option to purchase 5,900 shares of the Issuer's Class A common stock held by Gino Dellomo, who, at the time of vesting, served on the Issuer's board of directors as the Reporting Person's representative. The stock option vested in full on May 27, 2021.
- [F2]Mr. Dellomo has an agreement with the Reporting Person pursuant to which he holds the reported securities for the benefit of the Reporting Person. Accordingly, Mr. Dellomo disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any other purpose. The grant and exercise of such securities are exempt from Schedule 16(b) pursuant to Rule 16b-3(d) and Rule 16b-6(b), respectively, under the Exchange Act.
- [F3]ACON Funko Manager, L.L.C. is (x) the sole manager of, and exercises voting and investment power over shares held by, ACON Funko Investors, L.L.C. and (y) the sole managing member of, and exercises voting and investment power over shares held by, ACON Funko Investors Holdings 1, L.L.C.
- [F4]Voting and investment decisions at ACON Funko Manager, L.L.C. are made by a board of managers, the members of which are Bernard Aronson, Kenneth Brotman, Jonathan Ginns, Daniel Jinich, Andre Bhatia and Aron Schwartz. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, the Reporting Person disclaims beneficial ownership of these securities except to the extent of its respective pecuniary interest therein, if any, and the inclusion of these shares in their report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Exchange Act or any other purpose.
- [F5]Pursuant to the award agreement, the stock option will expire on May 27, 2030 unless earlier forfeited. Mr. Dellomo resigned from the Issuer's board of directors effective January 3, 2022. As a result, the stock option was subject to forfeiture if not exercised by April 3, 2022.
Issuer
Funko, Inc.
CIK 0001704711
Entity typeother
IncorporatedDE
Related Parties
1- filerCIK 0001721560
Filing Metadata
- Form type
- 4
- Filed
- Mar 28, 8:00 PM ET
- Accepted
- Mar 29, 7:26 PM ET
- Size
- 10.8 KB