Form 4 for FNKO Funko, Inc.
Accepted 2022-05-10 00:00:00 ET · period of report 2022-05-06 · accession 0000899243-22-017523 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-10 | 2022-05-06 | FNKO | Mariotti Brian Richard | Chief CREATIVE Off, Dir | C - Cnv Deriv | $0.00 | +225.0K | 312.4K | +257% | $0 |
| D | 2022-05-10 | 2022-05-06 | FNKO | Mariotti Brian Richard | Chief CREATIVE Off, Dir | D - Sale to Iss | $0.00 | -225.0K | 1.02M | -18% | $0 |
| DM | 2022-05-10 | 2022-05-06 | FNKO | Mariotti Brian Richard | Chief CREATIVE Off, Dir | S - Sale | $19.90 | -225.0K | 220.0K | -51% | -$4.48M |
| D | 2022-05-10 | 2022-05-06 | FNKO | Mariotti Brian Richard | Chief CREATIVE Off, Dir | C - Cnv Deriv | $0.00 | -225.0K | 1.68M | -12% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2022-05-06 | C | A | 225,000 | $0.00 | 312,426 | D | — | — | (F1) Common Units of Funko Acquisition Holdings, L.L.C. ("Common Units") may be redeemed by the Reporting Person at any time for Class A common stock of Funko, Inc. (the "Issuer"), par value $0.0001 per share ("Class A Shares"), on a 1-to-1 basis. The Common Units are fully vested and have no expiration date. |
| 2 | Common | Class B Common Stock | 2022-05-06 | D | D | 225,000 | $0.00 | 1,016,633 | D | — | — | (F2) Reflects the cancellation for no consideration of a number of shares of Class B Common Stock of the Issuer, par value $0.0001 per share, in connection with the redemption by the Reporting Person of an equal number of Common Units for Class A Shares. (F3) On May 3, 2022, the common units of Funko Acquisition Holdings, L.L.C. were recapitalized through a reverse unit split, which resulted in the cancellation of approximately 0.9 million outstanding shares of the Issuer's Class B common stock in accordance with the Issuer's amended and restated certificate of incorporation (the "Recapitalization"). As a result of the Recapitalization, the common units and shares of Class B common stock beneficially owned by the Reporting Person were reduced by 195,993 and 128,046, respectively. |
| 3 | Common | Class A Common Stock | 2022-05-06 | S | D | 132,592 | $20.20 | 87,426 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.70 to $20.53, 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. |
| 4 | Common | Class A Common Stock | 2022-05-06 | S | D | 92,408 | $19.47 | 220,018 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.70 to $19.69, 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. |
| 5 | Derivative | Common Units | 2022-05-06 | C | D | 225,000 | $0.00 | 1,675,493 | D | — · — to — | 225,000 Class A Common Stock | (F1) Common Units of Funko Acquisition Holdings, L.L.C. ("Common Units") may be redeemed by the Reporting Person at any time for Class A common stock of Funko, Inc. (the "Issuer"), par value $0.0001 per share ("Class A Shares"), on a 1-to-1 basis. The Common Units are fully vested and have no expiration date. |