Jacobs Jesse 4
4 · Funko, Inc. · Filed May 26, 2023
Insider Transaction Report
Form 4
Funko, Inc.FNKO
Jacobs Jesse
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2023-05-24−2,080→ 0 total→ Class A Common Stock (2,080 underlying) - Exercise/Conversion
Class A Common Stock
2023-05-24+2,080→ 2,175 total
Footnotes (2)
- [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 reported here were granted to the reporting person on May 24, 2022 as compensation for his service on the Issuer's board of directors and were held by the reporting person for the benefit of TCG Capital Management, LP ("TCG"). Such RSUs vested on May 24, 2023, and the shares of Class A Common Stock received upon vesting and reported here are held by the reporting person for the benefit of TCG.
- [F2]The reporting person was granted 2,080 RSUs as compensation for his service on the Issuer's board of directors and were held by the reporting person for the benefit of 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.