Mariotti Brian Richard's Form 4 filing
Funko, Inc. (FNKO) · filed Apr 21, 2022
- Accession no.
- 0000899243-22-015366
- Filed
- Apr 21, 2022
- Trade date
- Apr 19-21, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 4 non-derivative transactions and 2 derivative transactions. Open-market sales total $296.9K. It was filed 2 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Mariotti Brian RichardCIK 0001719494 | Director, Officer (CHIEF CREATIVE OFFICER) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 19, 2022 | Class A Common Stock | CConversionAcquired | +16,820 | $0.00F1 | $0 | 74,958 | Direct | |
| Apr 19, 2022 | Class B Common Stock | DReturned to the companyDisposed | −16,820 | $0.00F2 | $0 | 1,369,679 | Direct | |
| Apr 19, 2022 | Class A Common Stock | SSaleDisposed | −16,820 | $17.65F4 | −$296,873 | 58,138 | Direct | |
| Apr 21, 2022 | Class A Common Stock | MOption exerciseAcquired | +11,207 | $0.00F5 | $0 | 69,345 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Apr 19, 2022 | Class A Common Stock | CConversionDisposed | −16,820 | $0.00 | $0 | 2,096,486 | Direct | |
| Apr 21, 2022 | Class A Common Stock | MOption exerciseDisposed | −11,207 | $0.00 | $0 | 33,623 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- 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.
Referenced by the price of 1 transaction in Table I.
- 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.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.50 to $17.81, 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.
Referenced by the price of 1 transaction in Table I.
- F5
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. The RSUs vest in four equal installments on each of the first through fourth anniversaries of April 21, 2021, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
Referenced by the price of 1 transaction in Table I.