David J. Lee - Jun 26, 2024 Form 3 Insider Report for WEBTOON Entertainment Inc. (WBTN)

Role
Chief Financial Officer, Chief Operating Officer and Director, Director
Signature
/s/ Maximilian Jo as Attorney-in-Fact for the Reporting Person
Stock symbol
WBTN
Transactions as of
Jun 26, 2024
Transactions value $
$0
Form type
3
Date filed
6/26/2024, 07:10 PM
Previous filing
Jun 14, 2024
Next filing
Aug 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding WBTN Common Stock 300K Jun 26, 2024 Direct F1

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
holding WBTN Option (ISO) Jun 26, 2024 Common Stock 593K $20.33 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported securities represent restricted stock units ("RSUs") which each entitle the reporting person to receive one share of common stock upon vesting. Assuming closing of the Issuer's initial public offering, 71,161 and 228,420 RSUs vested or will vest in 1/12th installments on the last day of each of the successive three-month periods immediately following November 1, 2023 and April 12, 2024, respectively, subject to continued employment through each such date.
F2 The reported securities vested or will vest in 1/12th installments on the last day of each successive three-month period immediately following November 1, 2023, subject to continued employment with the Company through each vesting date.

Remarks:

Chief Financial Officer, Chief Operating Officer and Director