Brotman Kenneth R.'s Form 4 filing
Funko, Inc. (FNKO) · filed May 20, 2022
- Accession no.
- 0001062993-22-013186
- Filed
- May 20, 2022
- Trade date
- May 18-19, 2022
- Filing delay
- 2 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 9 non-derivative transactions and 2 derivative transactions. Open-market sales total $262.3M. 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 |
|---|---|
| Brotman Kenneth R.CIK 0001719473 | Other: Former Director |
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 |
|---|---|---|---|---|---|---|---|---|
| May 18, 2022 | Class A Common Stock | MOption exerciseAcquired | +5,900 | $5.80 | +$34,220 | 5,900 | Direct | |
| May 19, 2022 | Class A Common Stock | CConversionAcquired | +5,289,174 | –F3 | – | 5,289,174 | Indirect | Duplicate filing |
| May 19, 2022 | Class A Common Stock | SSaleDisposed | −5,289,174 | $21.00 | −$111,072,654 | 0 | Indirect | Duplicate filing |
| May 19, 2022 | Class A Common Stock | SSaleDisposed | −2,763,898 | $21.00 | −$58,041,858 | 690,974 | Indirect | Duplicate filing |
| May 19, 2022 | Class A Common Stock | SSaleDisposed | −1,165,388 | $21.00 | −$24,473,148 | 291,347 | Indirect | Duplicate filing |
| May 19, 2022 | Class A Common Stock | SSaleDisposed | −3,253,617 | $21.00 | −$68,325,957 | 813,404 | Indirect | Duplicate filing |
| May 19, 2022 | Class A Common Stock | SSaleDisposed | −15,750 | $21.00 | −$330,750 | 3,938 | Indirect | Duplicate filing |
| May 19, 2022 | Class B Common Stock | DReturned to the companyDisposed | −5,289,174 | –F8 | – | 1,322,293 | Indirect | Duplicate filing |
| May 19, 2022 | Class A Common Stock | SSaleDisposed | −4,720 | $21.00 | −$99,120 | 1,180 | 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 |
|---|---|---|---|---|---|---|---|---|
| May 18, 2022 | Class A common stock | MOption exerciseDisposed | −5,900 | $0.00 | $0 | 0 | Direct | |
| May 19, 2022 | Class A common stock | CConversionDisposed | −5,289,174 | –F11 | – | 1,322,293 | Indirect | Duplicate 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.
- F3
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 1 transaction in Table I.
- F8
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 1 transaction 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 1 transaction in Table II.