John L. Kimble - 05 Mar 2024 Form 4 Insider Report for JAKKS PACIFIC INC (JAKK)

Role
Chief Financial Officer
Signature
/s/ JOHN L. KIMBLE
Issuer symbol
JAKK
Transactions as of
05 Mar 2024
Net transactions value
+$277,393
Form type
4
Filing time
07 Mar 2024, 18:37:11 UTC
Previous filing
03 Jan 2024
Next filing
22 Nov 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 $385,219 +15,030 +11% $25.63 148,004 05 Mar 2024 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $192,609 +7,515 +5.1% $25.63 155,519 05 Mar 2024 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability $200,298 -7,815 -5% $25.63 147,704 05 Mar 2024 Direct F2, F3, F5
transaction JAKK Common Stock Tax liability $100,136 -3,907 -2.6% $25.63 143,797 05 Mar 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 -15,060 -100% 0 05 Mar 2024 Common Stock 15,060 Direct F1, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise -7,515 -100% 0 05 Mar 2024 Common Stock 7,515 Direct F1, F4, F6
transaction JAKK Restricted Stock Unit ("RSU") Disposed to Issuer -7,515 -100% 0 05 Mar 2024 Common Stock 7,515 Direct F1, F4, F6
* 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, pursuant to which, the vesting could not be determined until March 5, 2024.
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 it was determined that it vested, as reported by NASDAQ.
F4 Issued at no cost as potential additional compensation 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 and will convert into common stock automatically upon 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.

Remarks:

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