John L. Kimble - 25 Oct 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
25 Oct 2022
Net transactions value
-$1,654,856
Form type
4
Filing time
05 Jan 2023, 16:05:15 UTC
Previous filing
04 Jan 2022
Next filing
09 Mar 2023
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 $310,308 +17,742 +25% $17.49 87,409 01 Jan 2023 Direct F1, F2, F3

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 $310,308 -17,742 -33% $17.49 35,486 01 Jan 2023 Common Stock 17,742 Direct F1, F2, F3, F7
transaction JAKK Restricted Stock Unit ("RSU") Award $843,648 -48,236 -50% $17.49 48,236 01 Jan 2023 Common Stock 48,236 Direct F2, F4, F5, F6, F7
transaction JAKK Restricted Stock Unit ("RSU") Award $811,208 -41,988 -50% $19.32 41,988 25 Oct 2022 Common Stock 41,988 Direct F2, F4, F6, F7, F8
* 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 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.
F5 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.
F6 Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ.
F7 Does not include additional RSUs previously granted and reported with different vesting terms.
F8 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.