John L. Kimble - Nov 20, 2023 Form 4 Insider Report for JAKKS PACIFIC INC (JAKK)

Role
Chief Financial Officer
Signature
/s/ JOHN L. KIMBLE
Stock symbol
JAKK
Transactions as of
Nov 20, 2023
Transactions value $
$107,500
Form type
4
Date filed
1/3/2024, 09:24 PM
Previous filing
Mar 9, 2023
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JAKK Common Stock Options Exercise $376K +13.4K +12.32% $28.18 122K Nov 20, 2023 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability -$137K -4.86K -3.99% $28.18 117K Nov 20, 2023 Direct F2, F3, F5
transaction JAKK Common Stock Options Exercise $631K +17.7K +15.17% $35.55 135K Jan 1, 2024 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability -$332K -9.34K -6.94% $35.55 125K Jan 1, 2024 Direct F2, F3, F5
transaction JAKK Common Stock Options Exercise $572K +16.1K +12.83% $35.55 141K Jan 1, 2024 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability -$301K -8.47K -5.98% $35.55 133K Jan 1, 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 -$376K -13.4K -100% $28.18 0 Nov 20, 2023 Common Stock 13.4K Direct F1, F3, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise -$631K -17.7K -50% $35.55 17.7K Jan 1, 2024 Common Stock 17.7K Direct F1, F2, F3, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise -$572K -16.1K -33.33% $35.55 32.2K Jan 1, 2024 Common Stock 16.1K Direct F1, F2, F3, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Award $877K +24.7K $35.55 24.7K Jan 1, 2024 Common Stock 24.7K 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.