JAKKS PACIFIC INC 4
4 · JAKKS PACIFIC INC · Filed Jun 13, 2007
Insider Transaction Report
Form 4
FRIEDMAN JACK
DirectorChairman and Co-CEO
Transactions
- Tax Payment
Common Stock
2007-06-11$26.42/sh−107,637$2,843,770→ 669,267 total - Exercise/Conversion
Common Stock
2007-06-11$16.25/sh+175,000$2,843,750→ 776,904 total - Exercise/Conversion
Options
2007-06-11$16.25/sh−175,000$2,843,750→ 0 totalExercise: $16.25Exp: 2007-07-11→ Common Stock (175,000 underlying)
Footnotes (6)
- [F1]The Holder exercised an option to purchase 175,000 shares of the Issuer's common stock and, in accordance with the terms of the Issuer's 1995 Employee Stock Option Plan, as amended and restated, paid the $2,843,750 exercise price therefor through the surrender of 107,637 shares of the Issuer's common stock.
- [F2]Represents the option exercise price.
- [F3]Represents the closing price of the Issuer's common stock on 6/11/07, as reported by Nasdaq.
- [F4]See Remarks
- [F5]The Holder has agreed with the Issuer that the shares of common stock obtained through the exercise of the option reported herein shall be subject to the following restrictions on resale: none of such shares may be sold prior to June 11, 2009 and not more than 50% (i.e., 87,500) of such shares may be sold prior to June 11, 2010.
- [F6]Currently exercisable.