Tracy D. Daw - 09 Apr 2020 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
Senior Vice President, General Counsel and Secretary
Signature
/s/ Tracy D. Daw
Issuer symbol
FNKO
Transactions as of
09 Apr 2020
Transactions value $
$-379,354
Form type
4
Filing time
21 May 2021, 20:11:26 UTC
Next filing
28 Jun 2021
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 Sale $-1,534 -431 -6.82% $3.56 5,888 09 Apr 2020 Direct F1, F2
transaction FNKO CLASS A COMMON STOCK Options Exercise $360,000 +30,000 +510% $12.00 35,888 20 May 2021 Direct F2
transaction FNKO CLASS A COMMON STOCK Sale $-737,820 -30,000 -83.6% $24.59 5,888 20 May 2021 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 OPTION TO PURCHASE CLASS A COMMON STOCK Options Exercise $0 -30,000 -29.1% $0.000000 73,000 20 May 2021 CLASS A COMMON STOCK 30,000 $12.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares were sold to cover taxes upon the vesting of restricted stock units on April 8, 2020.
F2 The total number of shares of Class A common stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.51 to $24.75, inclusive. The Reporting Person undertakes to provide to Funko, Inc. (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 Option vested and became exercisable with respect to twenty-five percent (25%) of the shares subject thereto on the first anniversary of November 1, 2017 (the "Pricing Date"), and the remaining 75% of the shares subject to the Option have vested or will vest in thirty-six (36) equal installments on each monthly anniversary following the first anniversary of the Pricing Date, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.

Remarks:

Senior Vice President, General Counsel and Secretary