Steve Nave - 06 Mar 2023 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
CFO and COO
Signature
/s/ Tracy Daw, as Attorney-in-Fact for Steve Nave
Issuer symbol
FNKO
Transactions as of
06 Mar 2023
Net transactions value
$0
Form type
4
Filing time
07 Mar 2023, 18:58:09 UTC
Previous filing
07 Mar 2023
Next filing
15 Aug 2023
SEC
View on sec.gov

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 Award $0 +66,942 $0.000000 66,942 06 Mar 2023 Class A Common Stock 66,942 Direct F1
transaction FNKO Option to Purchase Class A Common Stock Award $0 +58,600 $0.000000 58,600 06 Mar 2023 Class A Common Stock 58,600 $9.77 Direct F2
* 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. The RSUs vest in four equal installments on each of the first through fourth anniversaries of March 6, 2023, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
F2 The option will vest and become exercisable with respect to 25% of the shares subject thereto on the first anniversary of March 6, 2023 and the remaining 75% of the option will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.