JOHN J. MCGRATH - 01 Jan 2023 Form 4 Insider Report for JAKKS PACIFIC INC (JAKK)

Role
Chief Operating Officer
Signature
/s/ John J. McGrath
Issuer symbol
JAKK
Transactions as of
01 Jan 2023
Transactions value $
$-828,746
Form type
4
Filing time
05 Jan 2023, 16:06:22 UTC
Previous filing
04 Apr 2022
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction JAKK Common Stock Options Exercise $118,984 +6,803 +14% $17.49 55,567 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $76,973 +4,401 +7.92% $17.49 59,968 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $124,511 +7,119 +11.9% $17.49 67,087 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Options Exercise $447,587 +25,591 +38.1% $17.49 92,678 01 Jan 2023 Direct F1, F2, F3
transaction JAKK Common Stock Tax liability $-50,634 -2,895 -3.12% $17.49 89,783 01 Jan 2023 Direct F2, F3, F4
transaction JAKK Common Stock Tax liability $-32,934 -1,883 -2.1% $17.49 87,900 01 Jan 2023 Direct F2, F3, F4
transaction JAKK Common Stock Tax liability $-52,995 -3,030 -3.45% $17.49 84,870 01 Jan 2023 Direct F2, F3, F4
transaction JAKK Common Stock Tax liability $-172,189 -9,845 -11.6% $17.49 75,025 01 Jan 2023 Direct F2, 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 JAKK Restricted Stock Unit ("RSU") Options Exercise $-118,984 -6,803 -100% $17.49 0 01 Jan 2023 Common Stock 6,803 Direct F1, F3
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $-76,973 -4,401 -50% $17.49 4,401 01 Jan 2023 Common Stock 4,401 Direct F1, F2, F3, F8
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $-124,511 -7,119 -33.3% $17.49 14,237 01 Jan 2023 Common Stock 7,119 Direct F1, F2, F3, F8
transaction JAKK Restricted Stock Unit ("RSU") Options Exercise $-447,587 -25,591 -50% $17.49 25,590 01 Jan 2023 Common Stock 25,591 Direct F1, F2, F3, F8
transaction JAKK Restricted Stock Unit ("RSU") Award $-519,995 -29,731 -50% $17.49 29,731 01 Jan 2023 Common Stock 29,731 Direct F2, F5, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vested according to the terms of the RSU described in a previous filing.
F2 Certain of the shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by the Company's Board of Directors.
F3 Represents the closing price of the Company's common stock for the trading day preceding the date of vest, as reported by NASDAQ.
F4 Represents the number of shares surrendered by the Holder in order to satisfy a tax withholding obligation, as permitted by the terms of a previously reported Restricted Stock Unit Agreement by and between the Holder and the Issuer and as approved by the Compensation Committee of the Issuer's Board of Directors.
F5 Issued under the Company's 2002 Stock award and Incentive Plan and is subject to the terms of Agreement for Award of Restricted Stock Units between Issuer and Reporting Person. In accordance with such Agreement, securities so issued will have no voting rights and may not be sold, mortgaged, pledged, transferred or otherwise encumbered prior to vesting.
F6 RSUs will vest in 3 equal annual installments commencing on the first anniversary of the date of the grant and on the second and third anniversaries thereafter The Reporting Person must be employed by Issuer for an RSU to vest.
F7 Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ.
F8 Does not include additional RSUs previously granted and reported with different vesting terms.

Remarks:

All numbers have been adjusted to reflect the 1-for-10 reverse stock split that was effective July 9, 2020.