John L. Kimble - 20 Nov 2023 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 2023
Net transactions value
+$107,500
Form type
4
Filing time
03 Jan 2024, 21:24:31 UTC
Previous filing
09 Mar 2023
Next filing
07 Mar 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 $376,485 +13,360 +12% $28.18 121,817 20 Nov 2023 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability $136,870 -4,857 -4% $28.18 116,960 20 Nov 2023 Direct F2, F3, F5
transaction JAKK Common Stock Options Exercise $630,764 +17,743 +15% $35.55 134,703 01 Jan 2024 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability $332,108 -9,342 -6.9% $35.55 125,361 01 Jan 2024 Direct F2, F3, F5
transaction JAKK Common Stock Options Exercise $571,608 +16,079 +13% $35.55 141,439 01 Jan 2024 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability $300,931 -8,465 -6% $35.55 132,974 01 Jan 2024 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 $376,485 -13,360 -100% $28.18 0 20 Nov 2023 Common Stock 13,360 Direct F1, F3, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $630,764 -17,743 -50% $35.55 17,743 01 Jan 2024 Common Stock 17,743 Direct F1, F2, F3, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $571,608 -16,079 -33% $35.55 32,157 01 Jan 2024 Common Stock 16,079 Direct F1, F2, F3, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Award $877,410 +24,681 $35.55 24,681 01 Jan 2024 Common Stock 24,681 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 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.
F6 Does not include additional RSUs previously granted and reported with different vesting terms.
F7 RSUs will vest in 3 equal annual installments commencing on January 1, 2025. The Reporting Person must be employed by Issuer for an RSU to vest.
F8 Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ.

Remarks:

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