JOHN L. KIMBLE - 01 Jan 2022 Form 4 Insider Report for JAKKS PACIFIC INC (JAKK)

Role
Chief Financial Officer
Signature
/s/ JOHN L. KIMBLE
Issuer symbol
JAKK
Transactions as of
01 Jan 2022
Net transactions value
+$540,796
Form type
4
Filing time
04 Jan 2022, 20:41:10 UTC
Previous filing
22 Nov 2021
Next filing
05 Jan 2023
SEC
View on sec.gov

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 JAKK Restricted Stock Unit ("RSU") Award $540,796 +53,228 $10.16 53,228 01 Jan 2022 Common Stock 53,228 Direct F1, F2, F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Issued under the Company's 2002 Stock Award and Incentive Plan and is subject to the terms of Agreement for Award of Restricted Stock Units between Issuer and Reporting Person. In accordance with such Agreement, securities so issued will have no voting rights and may not be sold, mortgaged, pledged, transferred or otherwise encumbered prior to vesting.
F2 RSUs will vest in 3 equal annual installments commencing on the first anniversary of the date of grant and on the second and third anniversaries thereafter The Reporting Person must be employed by Issuer for an RSU to vest.
F3 Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ.
F4 Certain of the underlying shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by the Company's Board of Directors.
F5 Does not include additional RSUs previously granted and reported with different vesting terms.

Remarks:

All numbers have been adjusted to reflect the 1-for-10 reverse stock split that was effective July 9, 2020.