John L. Kimble - 20 Nov 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
20 Nov 2022
Net transactions value
-$137,270
Form type
4
Filing time
22 Nov 2022, 14:40:26 UTC
Previous filing
05 Jan 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JAKK Common Stock Options Exercise $72,695 +3,921 +7.7% $18.54 54,887 20 Nov 2022 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $247,694 +13,360 +24% $18.54 68,247 20 Nov 2022 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $163,597 +8,824 +13% $18.54 77,071 20 Nov 2022 Direct F2, F3, F4
transaction JAKK Common Stock Tax liability $137,270 -7,404 -9.6% $18.54 69,667 20 Nov 2022 Direct F2, F3, F5

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") Options Exercise $72,695 -3,921 -100% $18.54 0 20 Nov 2022 Common Stock 3,921 Direct F1, F3
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $247,694 -13,360 -50% $18.54 13,620 20 Nov 2022 Common Stock 13,360 Direct F1, F3
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $163,597 -8,824 -100% $18.54 0 20 Nov 2022 Common Stock 8,824 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested according to the terms of the RSU described in a previous filing.
F2 Certain of the shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by the Company's Board of Directors.
F3 Represents the closing price of the Company's common stock for the trading day preceding the date of vest, as reported by NASDAQ.
F4 RSUs vest as follows: 100% of the grant is subject to a three year "cliff vesting" upon satisfaction of certain performance measures at the close of the three-year performance period based upon performance criteria determined by the Issuer's Compensation Committee during the first quarter of the year of grant.
F5 Represents the number of shares surrendered by the Holder in order to satisfy a tax withholding obligation, as permitted by the terms of a previously reported Restricted Stock Unit Agreement by and between the Holder and the Issuer and as approved by the Compensation Committee of the Issuer's Board of Directors.

Remarks:

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