4//SEC Filing
Jaffa Michael 4
Accession 0001683168-23-008829
CIK 0001355848other
Filed
Dec 12, 7:00 PM ET
Accepted
Dec 13, 9:54 PM ET
Size
8.1 KB
Accession
0001683168-23-008829
Insider Transaction Report
Form 4
Jaffa Michael
COO, GC & Secretary
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2023-12-07+16,667→ 50,001 total - Exercise/Conversion
Restricted Stock Units
2023-12-07−16,667→ 0 total→ Common Stock, par value $0.001 per share (16,667 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of TOON common stock.
- [F2]On February 6, 2023, the issuer effected a 10-for-1 reverse stock split of the issued and outstanding shares of its common stock (the "2023 Reverse Stock Split"). Upon effectiveness of the 2023 Reverse Stock Split, every 10 shares of common stock was automatically converted into 1 share of common stock.
- [F3]On December 7, 2020, the Reporting Person was granted 500,000 restricted stock units, vesting as follows: 166,666 shares on December 7, 2021, 166,666 shares on December 7, 2022, and 166,668 shares on December 7, 2023, subject to the Reporting Person's continued employment. Vested shares were delivered to the Reporting Person in equal installments in each calendar quarter following the vesting date. The restricted stock units, which vested on December 7, 2023, were previously reported as covering 166,668 shares, but were adjusted to 16,667 shares to reflect the 2023 Reverse Stock Split.
Documents
Issuer
Kartoon Studios, Inc.
CIK 0001355848
Entity typeother
Related Parties
1- filerCIK 0001738277
Filing Metadata
- Form type
- 4
- Filed
- Dec 12, 7:00 PM ET
- Accepted
- Dec 13, 9:54 PM ET
- Size
- 8.1 KB