4//SEC Filing
BERMAN STEPHEN G 4
Accession 0001185185-25-000147
CIK 0001009829other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 5:05 PM ET
Size
6.7 KB
Accession
0001185185-25-000147
Insider Transaction Report
Form 4
BERMAN STEPHEN G
DirectorCOO, Pres. and Sec.
Transactions
- Award
Restricted Stock Unit ("RSU")
2025-02-18+83,334→ 83,334 total→ Common Stock (83,334 underlying)
Footnotes (5)
- [F1]Issued under Issuer's 2002 Stock award and Incentive Plan and is subject to the terms of Agreement for Award of Restricted Stock Units between Issuer and Reporting Person. In accordance with such Agreement, securities so issued will have no voting rights and may not be sold, mortgaged, pledged, transferred or otherwise encumbered prior to vesting.
- [F2]RSUs will vest in 3 equal installments provided that certain market conditions as stipulated in Amendment No. 9 to the Second Amended and Restated Employment Agreement dated February 18, 2025 between Issuer and Reporting Person ("Amendment No. 9") are met. Any installment of the foregoing award of RSUs that has not vested by the period provided in Amendment No. 9 shall be forfeited.
- [F3]RSUs were issued as a performance award to be earned if vesting conditions are met. No consideration was paid by Reporting Person for issuance. The closing price of the Issuer's common stock for the trading day preceding the date of grant, as reported by NASDAQ, was $34.07.
- [F4]Certain of the shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by Issuer's Board of Directors.
- [F5]Does not include additional RSUs previously granted and reported with different vesting terms.
Documents
Issuer
JAKKS PACIFIC INC
CIK 0001009829
Entity typeother
Related Parties
1- filerCIK 0001275342
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 5:05 PM ET
- Size
- 6.7 KB