4//SEC Filing
Simon Josh 4
Accession 0002084455-25-000004
CIK 0001704711other
Filed
Sep 2, 8:00 PM ET
Accepted
Sep 3, 7:11 PM ET
Size
9.1 KB
Accession
0002084455-25-000004
Insider Transaction Report
Form 4
Funko, Inc.FNKO
Simon Josh
DirectorChief Executive Officer
Transactions
- Award
Restricted Stock Units
2025-09-01+1,000,000→ 1,000,000 total→ CLASS A COMMON STOCK (1,000,000 underlying) - Award
Restricted Stock Units
2025-09-01+750,000→ 750,000 total→ CLASS A COMMON STOCK (750,000 underlying)
Footnotes (4)
- [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.
- [F2]The grant of 1,000,000 RSUs will vest in four equal installments on each of the first through fourth anniversaries of September 1, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date, provided that the RSUs will vest in full upon a change in control).
- [F3]The grant of 750,000 RSUs will vest on the following terms: (A) 1/3 of the RSUs will vest in three equal annual installments on each of the first three anniversaries of September 1, 2025, (B) 1/3 of the RSUs will vest based on the achievement of a stock price hurdle equal to or greater than $8.00 per share based on (I) the average of the Companys closing share price over a 45 trading day trailing average or (II) the price received by holders of Class A common stock in connection with a change in control for each share of Class A common stock held on the date of such change in control, and (C) the remaining 1/3 of the RSUs will vest based on the achievement of a stock price hurdle equal to or greater than $20.00 per share based on (I) the average of the Companys closing share price over a 45 trading day trailing average or (II) the price received by holders of Class A common stock in connection with a change in control for each share of Class A common stock held on the date of such
- [F4](continued from Footnote 3) change in control, which stock price hurdles must be achieved prior to the seventh anniversary of September 1, 2025, and in each case subject to Reporting Person's continued service through the applicable vesting dates.
Documents
Issuer
Funko, Inc.
CIK 0001704711
Entity typeother
Related Parties
1- filerCIK 0002084455
Filing Metadata
- Form type
- 4
- Filed
- Sep 2, 8:00 PM ET
- Accepted
- Sep 3, 7:11 PM ET
- Size
- 9.1 KB