RELATED PARTY TRANSACTIONS (Tables)

9 Months Ended

Sep. 30, 2016

Schedule of the Key Assumptions Used to Value the Stock Option Grants


	Nine Months Ended September 30,
	2016		2015
Expected Term:	6.02	years	6.02	years
Risk Free Rate:	1.75	%	1.75	%
Weighted Average Volatility:	65.50	%	65.50	%
Expected Forfeiture Rate:	15.00	%	35.00	%
Expected Dividend Rate:	0	%	0	%

Schedule of Related Party Transactions

The following table summarizes the related party transactions involving the initial public offerings completed since January 1, 2014 until September 30, 2016 which were underwritten by the Company’s affiliated broker-dealer, Fantex Brokerage Services, LLC.


		Parent's Purchase			Directors' Purchase
Tracking Stock	Shares	Shares	Amount		Shares(1)	Amount
Fantex Series Vernon Davis	421,100	102,454	$	1,024,540	—	$	—
Fantex Series EJ Manuel	523,700	250,000	$	2,500,000	27,934	$	279,340
Fantex Series Mohamed Sanu	164,300	78,000	$	780,000	10,365	$	103,650
Fantex Series Alshon Jeffery	835,800	400,000	$	4,000,000	203,994	$	2,039,940
Fantex Series Michael Brockers	362,200	162,993	$	1,629,930	92,900	$	929,000
Fantex Series Jack Mewhort	268,100	124,014	$	1,240,140	69,520	$	695,200

(1)

Includes 34,414 shares of Fantex Series Alshon Jeffery, 18,000 shares of Fantex Series Michael Brockers and 13,400 shares of Fantex Series Jack Mewhort purchased by Lily Beirne, the spouse of David Beirne, the Chairman of our Parent’s Board of Directors.

On July 22, 2016, the Company completed the private placement sale of $59,336,580 of its Fantex Sports Portfolio 1 Units pursuant to Regulation D of the Securities Act of 1933 (the “Private Placement”). The Parent and certain directors of the Parent purchased an aggregate of 3,083,658 Units in the Private Placement. Immediately prior to the closing of the Private Placement, the Company repurchased shares of the tracking stocks listed below from the Parent and certain of the Parent’s directors and related persons. These shares were originally acquired from the Company in connection with the initial public offering of these tracking stocks. Following such repurchase by the Company, these shares were included in the Fantex Sports Portfolio 1 Units. The Parent and certain directors of the Parent subsequently purchased Fantex Sports Portfolio Units in the offering. The table below summarizes these transactions.


	Parent's Sale of Shares of Tracking Stocks to the Company			Directors' and Related Persons' Sale of Shares of Tracking Stocks to the Company
Tracking Stock	Shares	Aggregate Purchase Price		Shares	Aggregate Purchase Price		Total Proceeds
Fantex Series Vernon Davis	102,454	$	373,957	—	$	—	$	373,957
Fantex Series EJ Manuel	250,000	$	535,000	27,934	$	59,779	$	594,779
Fantex Series Mohamed Sanu	78,000	$	1,071,720	10,365	$	142,415	$	1,214,135
Fantex Series Alshon Jeffery	400,000	$	3,792,000	203,994	$	1,933,863	$	5,725,863
Fantex Series Michael Brockers	162,993	$	1,483,236	92,900	$	845,390	$	2,328,626
Fantex Series Jack Mewhort	124,014	$	1,439,803	69,520	$	807,127	$	2,246,930
		$	8,695,716		$	3,788,574	$	12,484,290

	Parent's Purchase of Units from the Company			Directors' and Related Persons' Purchase of Units from the Company
Units	Units	Aggregate Purchase Price		Units	Aggregate Purchase Price		Total Purchase Price
Fantex Sports Portfolio 1 Units	919,571	$	9,195,710	2,164,087	$	21,640,870	$	30,836,580

Fantex, Inc. 10-Q