Jesse Jacobs - 24 May 2023 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
Director
Signature
/s/ Lauren Goldberg, as Attorney-in-Fact for Jesse Jacobs
Issuer symbol
FNKO
Transactions as of
24 May 2023
Net transactions value
$0
Form type
4
Filing time
26 May 2023, 16:17:21 UTC
Previous filing
23 May 2023
Next filing
15 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNKO Class A Common Stock Options Exercise $0 +2,080 +2189% $0.000000 2,175 24 May 2023 Direct F1, F2

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 -2,080 -100% $0.000000* 0 24 May 2023 Class A Common Stock 2,080 Direct F1, 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 reported here were granted to the reporting person on May 24, 2022 as compensation for his service on the Issuer's board of directors and were held by the reporting person for the benefit of TCG Capital Management, LP ("TCG"). Such RSUs vested on May 24, 2023, and the shares of Class A Common Stock received upon vesting and reported here are held by the reporting person for the benefit of TCG.
F2 The reporting person was granted 2,080 RSUs as compensation for his service on the Issuer's board of directors and were held by the reporting person for the benefit of TCG. Pursuant to a Stockholders Agreement with the Issuer, TCG and its affiliates have the right to nominate up to two directors to the Issuer's board of directors, subject to certain ownership thresholds. The reporting person serves on the Issuer's board of directors pursuant to this right. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney of Jesse Jacobs