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Brotman Kenneth R.'s Form 4 filing

Funko, Inc. (FNKO) · filed Mar 8, 2022

Accession no.
0001062993-22-007095
Filed
Mar 8, 2022
Trade date
Mar 4-7, 2022
Filing delay
4 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 28 non-derivative transactions and 2 derivative transactions. Open-market sales total $15.5M. It was filed 4 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.

Reporting owners on this filing
OwnerRelationship to the company
Brotman Kenneth R.CIK 0001719473Director

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Mar 4, 2022Class A Common StockCConversionAcquired+156,411–F1–156,411IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−156,411$19.90F5−$3,112,578.90IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−74,093$19.90F5−$1,474,450.73,616,045IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−31,241$19.90F5−$621,695.91,524,691IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−87,220$19.90F5−$1,735,6784,256,749IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−296$19.90F5−$5,890.414,431IndirectDuplicate filing
Mar 4, 2022Class B Common StockDReturned to the companyDisposed−156,411–F7–7,633,525IndirectDuplicate filing
Mar 4, 2022Class A Common StockCConversionAcquired+162,825–F1–162,825IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−162,825$20.37F8−$3,316,745.250IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−77,131$20.37F8−$1,571,158.473,538,914IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−32,522$20.37F8−$662,473.141,492,169IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−90,798$20.37F8−$1,849,555.264,165,951IndirectDuplicate filing
Mar 4, 2022Class A Common StockSSaleDisposed−308$20.37F8−$6,273.9614,123IndirectDuplicate filing
Mar 4, 2022Class B Common StockDReturned to the companyDisposed−162,825–F7–7,470,700IndirectDuplicate filing
Mar 7, 2022Class A Common StockCConversionAcquired+6,317–F1–6,317IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−6,317$18.00F9−$113,7060IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−2,993$18.00F9−$53,8743,535,921IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−1,262$18.00F9−$22,7161,490,907IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−3,523$18.00F9−$63,4144,162,428IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−12$18.00F9−$21614,111IndirectDuplicate filing
Mar 7, 2022Class B Common StockDReturned to the companyDisposed−6,317–F7–7,464,383IndirectDuplicate filing
Mar 7, 2022Class A Common StockCConversionAcquired+20,791–F1–20,791IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−20,791$20.03F10−$416,443.730IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−9,849$20.03F10−$197,275.473,526,072IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−4,152$20.03F10−$83,164.561,486,755IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−11,594$20.03F10−$232,227.824,150,834IndirectDuplicate filing
Mar 7, 2022Class A Common StockSSaleDisposed−39$20.03F10−$781.1714,072IndirectDuplicate filing
Mar 7, 2022Class B Common StockDReturned to the companyDisposed−20,791–F7–7,443,592IndirectDuplicate filing

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Mar 4, 2022Class A common stockCConversionDisposed−319,236–F11–7,470,700IndirectDuplicate filing
Mar 7, 2022Class A common stockCConversionDisposed−27,108–F11–7,443,592IndirectDuplicate filing

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

Represents the redemption by the Issuer of common units of Funko Acquisition Holdings, L.L.C. in exchange for newly-issued shares of Class A common stock on a one-for-one basis.

Referenced by the price of 4 transactions in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.35 to $20.15, 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 footnotes (5), (8), (9) and (10) to this Form 4.

Referenced by the price of 5 transactions in Table I.

F7

Reflects the cancellation for no consideration of a number of shares of Class B common stock equal to the number of common units of Funko Acquisition Holdings, L.L.C. redeemed by the Issuer pursuant to their terms in connection with the redemption.

Referenced by the price of 4 transactions in Table I.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.16 to $20.67, inclusive.

Referenced by the price of 5 transactions in Table I.

F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.00 to $18.01, inclusive.

Referenced by the price of 5 transactions in Table I.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.00 to $20.17, inclusive.

Referenced by the price of 5 transactions in Table I.

F11

At the request of the holder, the common units may be redeemed for, at the Issuer's election, newly-issued shares of Class A common stock on a one-for-one basis or a cash payment equal to a volume weighted average market price of one share of Class A common stock for each common unit redeemed.

Referenced by the price of 2 transactions in Table II.

Read the full filing on SEC EDGAR (opens in a new tab)