Steve Nave - Feb 27, 2024 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
CFO and COO
Signature
/s/ Tracy D. Daw, as Attorney-in-Fact for Steve Nave
Stock symbol
FNKO
Transactions as of
Feb 27, 2024
Transactions value $
-$44,989
Form type
4
Date filed
2/29/2024, 05:23 PM
Previous filing
Aug 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNKO CLASS A COMMON STOCK Options Exercise $0 +16.7K +30.15% $0.00 72.2K Feb 27, 2024 Direct F1
transaction FNKO CLASS A COMMON STOCK Sale -$45K -6.35K -8.79% $7.08 65.9K Feb 28, 2024 Direct F2, F3

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 Restricted Stock Units Options Exercise $0 -16.7K -25% $0.00 50.2K Feb 27, 2024 CLASS A COMMON STOCK 16.7K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F2 Shares were sold to cover taxes upon the vesting of restricted stock units on February 27, 2024 pursuant to a sell to cover instruction.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.99 to $7.13, 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.
F4 On March 6, 2023, the Reporting Person was granted 66,942 restricted stock units, vesting in four equal annual installments on each of the first through fourth anniversaries of February 27, 2023, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.