Andrew David Oddie - 23 Sep 2024 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
CHIEF COMMERCIAL OFFICER
Signature
/s/ Tracy D. Daw as Attorney-in-Fact for Andrew David Oddie
Issuer symbol
FNKO
Transactions as of
23 Sep 2024
Net transactions value
-$261,919
Form type
4
Filing time
25 Sep 2024, 16:34:13 UTC
Previous filing
17 Sep 2024
Next filing
06 Jan 2025
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 $43,308 +10,800 +27% $4.01 51,172 23 Sep 2024 Direct
transaction FNKO CLASS A COMMON STOCK Sale $129,948 -10,800 -21% $12.03 40,372 23 Sep 2024 Direct F1, F2
transaction FNKO CLASS A COMMON STOCK Options Exercise $87,747 +21,882 +54% $4.01 62,254 24 Sep 2024 Direct
transaction FNKO CLASS A COMMON STOCK Sale $263,026 -21,882 -35% $12.02 40,372 24 Sep 2024 Direct F1, F3, F4

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 Option to Purchase Class A Common Stock Options Exercise $0 -10,800 -33% $0.000000 21,882 23 Sep 2024 CLASS A COMMON STOCK 10,800 $4.01 Direct F5, F6
transaction FNKO Option to Purchase Class A Common Stock Options Exercise $0 -21,882 -100% $0.000000 0 24 Sep 2024 CLASS A COMMON STOCK 21,882 $4.01 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were sold pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 5, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.09, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.00 to $12.08, 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 The total number of Class A Common Stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person.
F5 Shares were exercised pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 5, 2023 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F6 The option is fully vested and exercisable.