Form 4 for JAKK JAKKS PACIFIC INC
Accepted 2022-04-04 00:00:00 ET · period of report 2022-03-31 · accession 0001185185-22-000395 · 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 | 2022-04-04 | 2022-01-01 | JAKK | MCGRATH JOHN JOSEPH | COO | M - OptEx | $10.16 | +7,654 | 57.4K | +15% | +$77.8K |
| D | 2022-04-04 | 2022-01-01 | JAKK | MCGRATH JOHN JOSEPH | COO | D - Sale to Iss | $5.15 | -5,826 | 48.8K | -11% | -$30.0K |
| D | 2022-04-04 | 2022-03-31 | JAKK | MCGRATH JOHN JOSEPH | COO | F - Tax | $14.49 | -2,783 | 54.6K | -5% | -$40.3K |
| D | 2022-04-04 | 2022-01-01 | JAKK | MCGRATH JOHN JOSEPH | COO | M - OptEx | $1.47 | -7,654 | 0 | -100% | -$11.3K |
| D | 2022-04-04 | 2022-01-01 | JAKK | MCGRATH JOHN JOSEPH | COO | D - Sale to Iss | $1.47 | -33.2K | 0 | -100% | -$48.8K |
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 | Common Stock | 2022-01-01 | M | A | 7,654 | $10.16 | 57,373 | D | — | — | (F2) Represents the closing price of the Company's common stock for the trading day preceding the date of vest, as reported by NASDAQ. (F1) Represents shares underlying RSUs previously reported which vested. (F4) Certain of the underlying shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by the Company's Board of Directors. |
| 2 | Common | Common Stock | 2022-01-01 | D | D | 5,826 | $5.15 | 48,764 | D | — | — | (F7) Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ. (F6) Reflects the forfeiture of a restricted stock award issued pursuant to the terms of Holder's Employment Agreement that failed to vest pursuant to the terms of that certain January 1, 2017 Restricted Stock Award Agreement by and between the Holder and the Issuer, which forfeiture occurred in 2020. (F4) Certain of the underlying shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by the Company's Board of Directors. |
| 3 | Common | Common Stock | 2022-03-31 | F | D | 2,783 | $14.49 | 54,590 | D | — | — | (F3) Represents the closing price of the Company's common stock for the trading day preceding the date of surrender, as reported by NASDAQ (F5) Represents that number of shares surrendered by the Holder in order to satisfy a tax withholding obligation, as permitted by the terms of a previously reported RSU Agreement by and between the Holder and the Issuer. (F4) Certain of the underlying shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by the Company's Board of Directors. |
| 4 | Derivative | Restricted Stock Units (RSU") | 2022-01-01 | M | D | 7,654 | $1.47 | 0 | D | — · — to — | 7,654 Common Stock | (F10) Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ. (F8) 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. (F9) Vested according to the terms of the RSU described in a previous filing. |
| 5 | Derivative | RSU | 2022-01-01 | D | D | 33,165 | $1.47 | 0 | D | — · — to — | 33,165 Common Stock | (F10) Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ. (F8) 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. (F11) RSUs vest as follows: 60% of the award is subject to three year "cliff vesting" upon satisfaction of certain performance measures at the close of the three year performance period based upon performance criteria to be determined by the Issuer's Compensation Committee during the first quarter of the year of grant. |