Andrew David Oddie - 02 Jan 2025 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
02 Jan 2025
Net transactions value
-$306,836
Form type
4
Filing time
06 Jan 2025, 17:45:11 UTC
Previous filing
25 Sep 2024
Next filing
10 Feb 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 $73,529 +7,526 +19% $9.77 47,898 02 Jan 2025 Direct
transaction FNKO CLASS A COMMON STOCK Sale $378,851 -27,712 -58% $13.67 20,186 02 Jan 2025 Direct F1, F2
transaction FNKO CLASS A COMMON STOCK Options Exercise $3,498 +358 +1.8% $9.77 20,544 06 Jan 2025 Direct
transaction FNKO CLASS A COMMON STOCK Sale $5,012 -358 -1.7% $14.00 20,186 06 Jan 2025 Direct F1, 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 Option to Purchase Class A Common Stock Options Exercise $0 -7,526 -22% $0.000000 26,874 02 Jan 2025 CLASS A COMMON STOCK 7,526 $9.77 Direct F4, F5
transaction FNKO Option to Purchase Class A Common Stock Options Exercise $0 -358 -1.3% $0.000000 26,516 06 Jan 2025 CLASS A COMMON STOCK 358 $9.77 Direct F4, F5
* 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 16, 2024 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 $13.43 to $14.05, 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 total number of Class A Common Stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person.
F4 Shares were exercised pursuant to a 10b5-1 trading plan adopted by the Reporting Person on September 16, 2024 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
F5 The option has vested and become exercisable with respect to 25% of the original grant of 34,400 shares subject thereto on the first anniversary of March 6, 2023 and the remaining 75% of the option will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.