Steve Nave - 27 Feb 2024 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
CFO and COO
Signature
/s/ Tracy D. Daw, as Attorney-in-Fact for Steve Nave
Issuer symbol
FNKO
Transactions as of
27 Feb 2024
Net transactions value
-$44,989
Form type
4
Filing time
29 Feb 2024, 17:23:58 UTC
Previous filing
21 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNKO CLASS A COMMON STOCK Options Exercise $0 +16,735 +30% $0.000000 72,235 27 Feb 2024 Direct F1
transaction FNKO CLASS A COMMON STOCK Sale $44,989 -6,352 -8.8% $7.08 65,883 28 Feb 2024 Direct 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 FNKO Restricted Stock Units Options Exercise $0 -16,735 -25% $0.000000 50,207 27 Feb 2024 CLASS A COMMON STOCK 16,735 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F2 Shares were sold to cover taxes upon the vesting of restricted stock units on February 27, 2024 pursuant to a sell to cover instruction.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.99 to $7.13, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 On March 6, 2023, the Reporting Person was granted 66,942 restricted stock units, vesting in four equal annual installments on each of the first through fourth anniversaries of February 27, 2023, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.