4/A//SEC Filing
Jacobs Jesse 4/A
Accession 0001140361-23-026320
CIK 0001704711other
Filed
May 22, 8:00 PM ET
Accepted
May 23, 9:26 PM ET
Size
8.7 KB
Accession
0001140361-23-026320
Insider Transaction Report
Form 4/AAmended
Funko, Inc.FNKO
Jacobs Jesse
Director
Transactions
- Award
Restricted Stock Units
2022-05-24+2,080→ 2,080 total→ Class A Common Stock (2,080 underlying) - Award
Option to Purchase Class A Common Stock
2022-05-24+5,200→ 5,200 totalExercise: $17.99Exp: 2032-05-24→ Class A Common Stock (5,200 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The RSUs vest on May 24, 2023, subject to the reporting person's continued service with the Issuer through the vesting date.
- [F2]The reporting person was granted 2,080 restricted stock units and 5,200 options to purchase Class A Common Stock as compensation for his service on the Issuer's board of directors and are held by the reporting person for the benefit of TCG Capital Management, LP ("TCG"). Pursuant to a Stockholders Agreement with the Issuer, TCG and its affiliates have the right to nominate up to two directors to the Issuer's board of directors, subject to certain ownership thresholds. The reporting person serves on the Issuer's board of directors pursuant to this right. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F3]The option will vest and become exercisable on May 24, 2023, subject to the reporting person's continued service with the Issuer through the vesting date. Pursuant to a contractual agreement between the reporting person and TCG, any shares of Class A Common Stock issued to the reporting person upon exercise of the options will be immediately transferred to TCG in a transaction exempt from Section 16 pursuant to Rule 16a-13 thereunder.
Documents
Issuer
Funko, Inc.
CIK 0001704711
Entity typeother
Related Parties
1- filerCIK 0001851935
Filing Metadata
- Form type
- 4/A
- Filed
- May 22, 8:00 PM ET
- Accepted
- May 23, 9:26 PM ET
- Size
- 8.7 KB