STEPHEN G. BERMAN - 25 Oct 2022 Form 4 Insider Report for JAKKS PACIFIC INC (JAKK)

Role
CEO, President and Secretary, Director
Signature
/s/ Stephen G. Berman
Issuer symbol
JAKK
Transactions as of
25 Oct 2022
Net transactions value
-$7,954,326
Form type
4
Filing time
05 Jan 2023, 16:04:16 UTC
Previous filing
04 Apr 2022
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 $416,437 +23,810 +42% $17.49 80,106 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $230,938 +13,204 +16% $17.49 93,310 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $373,516 +21,356 +23% $17.49 114,666 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $1,248,873 +71,405 +62% $17.49 186,071 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability $160,891 -9,199 -4.9% $17.49 176,872 01 Jan 2023 Direct F2, F3, F4
transaction JAKK Common Stock Tax liability $93,467 -5,344 -3% $17.49 171,528 01 Jan 2023 Direct F2, F3, F4
transaction JAKK Common Stock Tax liability $149,137 -8,527 -5% $17.49 163,001 01 Jan 2023 Direct F2, F3, F4
transaction JAKK Common Stock Tax liability $500,826 -28,635 -18% $17.49 134,366 01 Jan 2023 Direct F2, F3, F4

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 $416,437 -23,810 -100% $17.49 0 01 Jan 2023 Common Stock 23,810 Direct F1, F3
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $230,938 -13,204 -50% $17.49 13,204 01 Jan 2023 Common Stock 13,204 Direct F1, F2, F3, F8
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $373,516 -21,356 -33% $17.49 42,711 01 Jan 2023 Common Stock 21,356 Direct F1, F2, F3, F8
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $1,248,873 -71,405 -33% $17.49 142,813 01 Jan 2023 Common Stock 71,405 Direct F1, F2, F3, F8
transaction JAKK Restricted Stock Unit ("RSU") Award $3,499,994 -200,114 -50% $17.49 200,114 01 Jan 2023 Common Stock 200,114 Direct F2, F5, F6, F7, F8
transaction JAKK Restricted Stock Unit ("RSU") Award $3,550,011 -183,748 -50% $19.32 183,748 25 Oct 2022 Common Stock 183,748 Direct F2, F5, F7, F8, F9
* 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 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.
F5 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.
F6 RSUs will vest in 3 equal annual installments commencing on the first anniversary of the date of the grant and on the second and third anniversaries thereafter. The Reporting Person must be employed by Issuer for an RSU to vest.
F7 Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ.
F8 Does not include additional RSUs previously granted and reported with different vesting terms.
F9 RSUs will vest in 2 equal annual installments commencing on October 25, 2025 and October 25, 2026. The Reporting Person must be employed by Issuer for an RSU to vest.

Remarks:

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