Tracy D. Daw - Sep 16, 2022 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
CHIEF LEGAL OFFICER
Signature
/s/ Tracy D. Daw
Stock symbol
FNKO
Transactions as of
Sep 16, 2022
Transactions value $
-$610,453
Form type
4
Date filed
9/20/2022, 08:09 PM
Previous filing
Jun 30, 2022
Next filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNKO Class A Common Stock Options Exercise +67K +1026.21% 73.5K Sep 16, 2022 Direct F1
transaction FNKO Class A Common Stock Sale -$610K -26.8K -36.45% $22.78 46.7K Sep 19, 2022 Direct F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FNKO Restricted Stock Units Options Exercise $0 -67K -100% $0.00* 0 Sep 16, 2022 Class A Common Stock 67K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Shares were sold to cover taxes upon the vesting of restricted stock units on September 16, 2022 pursuant to a 10b5-1 trading plan adopted by the Reporting Person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.20 to $22.97, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 The total number of Class A common stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person.
F5 The RSUs vested in full on the second anniversary of the date of grant, subject to the Reporting Person's continued employment with the Issuer through the vesting date.