TCG Capital Management, LP - Nov 2, 2023 Form 4/A - Amendment Insider Report for Funko, Inc. (FNKO)

Role
Director, 10%+ Owner
Signature
/s/ Lauren Goldberg, General Counsel of General Partner
Stock symbol
FNKO
Transactions as of
Nov 2, 2023
Transactions value $
$0
Form type
4/A - Amendment
Date filed
11/20/2023, 05:16 PM
Date Of Original Report
Nov 6, 2023
Previous filing
Jun 15, 2023
Next filing
Jun 7, 2024

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 +2.88K $0.00 2.88K Nov 2, 2023 Class A Common Stock 2.88K See footnote F1, F2
transaction FNKO Stock Option (Right to Buy) Award $0 +7.18K $0.00 7.18K Nov 2, 2023 Class A Common Stock 7.18K $7.51 See footnote F2, F3
* 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 granted to Mike Kerns on November 2, 2023 will vest on November 2, 2024, subject to Mr. Kerns' continued service with the Issuer through the vesting date.
F2 The RSUs reported on this row were granted to Mr. Kerns as compensation for his service on the Issuer's board of directors and are held by Mr. Kerns for the benefit of the reporting person.
F3 The options reported on this row were granted to Mr. Kerns as compensation for his service on the Issuer's board of directors and are held by Mr. Kerns for the benefit of the reporting person. The options granted to Mr. Kerns on November 2, 2024 will vest and become exercisable on November 2, 2024, subject to Mr. Kerns' continued service with the Issuer through the vesting date.

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. Mike Kerns serves on the Issuer's board of directors pursuant to this right. Mr. Kerns is a Co-founder and Partner of the reporting person. Accordingly, Mr. Kerns 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. This amendment is being filed to correct the number of RSUs and options reported in the original filing.