TCG Capital Management, LP - 13 Jun 2024 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
Director, 10%+ Owner
Signature
/s/ Lauren Goldberg, General Counsel of General Partner
Issuer symbol
FNKO
Transactions as of
13 Jun 2024
Net transactions value
$0
Form type
4
Filing time
30 Dec 2024, 16:07:19 UTC
Previous filing
07 Jun 2024
Next filing
04 Nov 2024
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 +4,688 +216% $0.000000 6,863 13 Jun 2024 See footnote 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 -4,688 -100% $0.000000 0 13 Jun 2024 Class A Common Stock 4,688 See footnote 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 4,688 RSUs included on this report were granted to Jesse Jacobs on June 13, 2023, vested on June 13, 2024 and were settled in shares of Class A Common Stock on June 13, 2024.
F2 The securities reported on this row were granted to Jesse Jacobs as compensation for his service on the Issuer's board of directors and 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 and Mike Kerns serve on the Issuer's board of directors pursuant to this right. Mr. Jacobs is Managing Partner of the reporting person, and Mr. Kerns is a Co-founder and Partner of the reporting person. Accordingly, each of Mr. Jacobs and 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 directors for purposes of Section of the Securities Exchange Act of 1934, as amended.