Jesse Jacobs - Jun 4, 2024 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
Director
Signature
/s/ Lauren Goldberg, as Attorney-in-Fact for Jesse Jacobs
Stock symbol
FNKO
Transactions as of
Jun 4, 2024
Transactions value $
$0
Form type
4
Date filed
6/7/2024, 11:40 AM
Previous filing
Jun 15, 2023

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 +10.2K $0.00 10.2K Jun 4, 2024 Class A Common Stock 10.2K Direct F1, F2
transaction FNKO Option to Purchase Class A Common Stock Award $0 +25.5K $0.00 25.5K Jun 4, 2024 Class A Common Stock 25.5K $9.43 Direct 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 vest on June 4, 2025, subject to the reporting person's continued service with the Issuer through the vesting date.
F2 The reporting person was granted 10,204 restricted stock units and 25,500 options to purchase Class A Common Stock as compensation for his service on the Issuer's board of directors and are held by the reporting person for the benefit of TCG Capital Management, LP ("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.
F3 The options will vest and become exercisable on June 4, 2025, subject to the reporting person's continued service with the Issuer through the vesting date.