TCG Capital Management, LP - May 19, 2023 Form 4 Insider Report for Funko, Inc. (FNKO)

Role: Director, 10%+ Owner
Signature: /s/ Jesse Jacobs, Managing Partner
Stock symbol: FNKO
Transactions as of: May 19, 2023
Transactions value $: $0
Form type: 4
Date filed: 5/23/2023, 09:37 PM
Previous filing: May 23, 2023
Next filing: May 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FNKO	Class A Common Stock	Options Exercise	$0	+95		$0.00	95	May 19, 2023	See footnote	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
transaction	FNKO	Restricted Stock Units	Options Exercise	$0	-95	-100%	$0.00^*	0	May 19, 2023	Class A Common Stock	95		See footnote	F1

* 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 reported here were granted to Jesse Jacobs on May 19, 2022 as compensation for his service on the Issuer's board of directors and were held by Mr. Jacobs for the benefit of the reporting person. Such RSUs vested on May 19, 2023, and the shares of Class A Common Stock received upon vesting and reported here are held by Mr. Jacobs for the benefit of the reporting person.

Content

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 reported here were granted to Jesse Jacobs on May 19, 2022 as compensation for his service on the Issuer's board of directors and were held by Mr. Jacobs for the benefit of the reporting person. Such RSUs vested on May 19, 2023, and the shares of Class A Common Stock received upon vesting and reported here are held by Mr. Jacobs for the benefit of the reporting person.

Remarks:

TCG 3.0 Fuji, LP, which is an affiliate of the reporting person managed by the reporting person, is party to a Stockholders Agreement with the Issuer which gives the reporting person and its affiliates the right to nominate up to two directors to the Issuer's board of directors, subject to certain ownership thresholds. Jesse Jacobs serves on the Issuer's board of directors pursuant to this right. Mr. Jacobs is Managing Partner of the reporting person. Accordingly, Mr. Jacobs may be determined to represent the interests of the reporting person on the Board of Directors of the Issuer, and accordingly, the reporting person may be deemed to be a director for purposes of Section of the Securities Exchange Act of 1934, as amended.