Brotman Kenneth R.'s Form 4 filing
Funko, Inc. (FNKO) · filed Aug 9, 2021
- Accession no.
- 0001123292-21-001203
- Filed
- Aug 9, 2021
- Trade date
- Aug 5, 2021
- Filing delay
- 4 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
This filing lists 7 non-derivative transactions and 1 derivative transaction. Open-market sales total $881.6K. 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.
| Owner | Relationship to the company |
|---|---|
| Brotman Kenneth R.CIK 0001719473 | 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 |
|---|---|---|---|---|---|---|---|---|
| Aug 5, 2021 | Class A Common Stock | CConversionAcquired | +19,693 | –F1 | – | 19,693 | Indirect | Duplicate filing |
| Aug 5, 2021 | Class A Common Stock | SSaleDisposed | −19,693 | $20.06F5 | −$395,041.58 | 0 | Indirect | Duplicate filing |
| Aug 5, 2021 | Class A Common Stock | SSaleDisposed | −9,329 | $20.06F5 | −$187,139.74 | 3,886,490 | Indirect | Duplicate filing |
| Aug 5, 2021 | Class A Common Stock | SSaleDisposed | −3,933 | $20.06F5 | −$78,895.98 | 1,638,721 | Indirect | Duplicate filing |
| Aug 5, 2021 | Class A Common Stock | SSaleDisposed | −10,982 | $20.06F5 | −$220,298.92 | 4,575,112 | Indirect | Duplicate filing |
| Aug 5, 2021 | Class A Common Stock | SSaleDisposed | −11 | $20.06F5 | −$220.66 | 15,260 | Indirect | Duplicate filing |
| Aug 5, 2021 | Class B Common Stock | DReturned to the companyDisposed | −19,693 | –F7 | – | 8,204,436 | Indirect | Duplicate 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.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 5, 2021 | Class A common stock | CConversionDisposed | −19,693 | –F8 | – | 8,204,436 | 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.
- 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 1 transaction 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 $20.00 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 range set forth in this footnote.
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 1 transaction in Table I.
- F8
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.