Cynthia W. Williams - 20 May 2025 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
Chief Executive Officer, Director
Signature
/s/ Tracy D. Daw as Attorney-in-Fact for Cynthia Williams
Issuer symbol
FNKO
Transactions as of
20 May 2025
Net transactions value
-$187,000
Form type
4
Filing time
22 May 2025, 18:56:28 UTC
Previous filing
14 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Williams Cynthia W Chief Executive Officer, Director C/O FUNKO, INC, 2802 WETMORE AVENUE, EVERETT /s/ Tracy D. Daw as Attorney-in-Fact for Cynthia Williams 22 May 2025 0001916187

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNKO CLASS A COMMON STOCK Options Exercise $0 +32,100 +229% $0.000000 46,100 20 May 2025 Direct F1
transaction FNKO CLASS A COMMON STOCK Sale $52,905 -13,331 -29% $3.97 32,769 21 May 2025 Direct F2, F3
transaction FNKO CLASS A COMMON STOCK Options Exercise $0 +96,302 +294% $0.000000 129,071 20 May 2025 Direct F1
transaction FNKO CLASS A COMMON STOCK Sale $134,095 -34,126 -26% $3.93 94,945 21 May 2025 Direct F2, 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 Restricted Stock Units Options Exercise $0 -32,100 -33% $0.000000 64,202 20 May 2025 CLASS A COMMON STOCK 32,100 Direct F1, F5
transaction FNKO Restricted Stock Units Options Exercise $0 -96,302 -25% $0.000000 288,906 20 May 2025 CLASS A COMMON STOCK 96,302 Direct F1, 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 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment.
F2 Shares were sold to cover taxes upon the vesting of RSUs on May 20, 2025 pursuant to a Rule 10b5-1 instruction letter entered into in September 10, 2024.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.90 to $4.005, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.83 to $4.005, 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.
F5 On May 20, 2024, the Reporting Person was granted 96,302 restricted stock units, vesting in three equal annual installments on each of the first through third anniversaries of the grant date, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
F6 On May 20, 2024, the Reporting Person was granted 385,208 restricted stock units, vesting in four equal annual installments on each of the first through fourth anniversaries of the grant date, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.