ACON Funko Manager, L.L.C. - Jun 4, 2021 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
Director, 10%+ Owner
Signature
/s/ Teresa Bernstein, Attorney-in-fact
Stock symbol
FNKO
Transactions as of
Jun 4, 2021
Transactions value $
$0
Form type
4
Date filed
6/8/2021, 09:30 PM
Previous filing
May 27, 2021
Next filing
Mar 29, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FNKO Stock Option (Right to buy) Award $0 +11.9K $0.00 11.9K Jun 4, 2021 Class A common stock 11.9K $23.54 See footnote F1, F3
transaction FNKO Restricted Stock Units Award $0 +4.78K $0.00 4.78K Jun 4, 2021 Class A common stock 4.78K See footnote F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of an option to purchase 3,983 shares of the Issuer's Class A common stock to each of Ken Brotman, Gino Dellomo and Adam Kriger, each of whom serves on the Issuer's board of directors as the Reporting Person's representative. The stock options vest in full on June 4, 2022.
F2 Represents a grant of 1,593 restricted stock units ("RSUs") to each of Messrs. Brotman, Dellomo and Kriger, each of which represents a contingent right to receive one share of Class A common stock. At the option of the Issuer, each RSU may also be settled in an amount of cash equal to the value of one share of Class A common stock on the day prior to the applicable distribution or payment date. The RSUs vest in full on June 4, 2022.
F3 Each of Messrs. Brotman, Dellomo and Kriger has an agreement with the Reporting Person pursuant to which he holds the reported securities for the benefit of the Reporting Person. Accordingly, each of Messrs. Brotman, Dellomo and Kriger disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, if any, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any other purpose. The grant of such securities is exempt from Schedule 16(b) pursuant to Rule 16b-3 under the Exchange Act.