Cynthia Williams - May 20, 2024 Form 4 Insider Report for Funko, Inc. (FNKO)

Role
Chief Executive Officer, Director
Signature
/s/ Tracy D. Daw as Attorney-in-Fact for Cynthia Williams
Stock symbol
FNKO
Transactions as of
May 20, 2024
Transactions value $
$0
Form type
4
Date filed
5/22/2024, 04:46 PM
Previous filing
Mar 11, 2024

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 Award $0 +385K $0.00 385K May 20, 2024 CLASS A COMMON STOCK 385K Direct F1, F2
transaction FNKO Restricted Stock Units Award $0 +96.3K $0.00 96.3K May 20, 2024 CLASS A COMMON STOCK 96.3K Direct F1, F3
transaction FNKO Employee Stock Option (Right to Buy) Award $0 +298K $0.00 298K May 20, 2024 CLASS A COMMON STOCK 298K $8.39 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment.
F2 On May 20, 2024, the Reporting Person was granted 385,208 RSUs, vesting in four equal annual installments on each of the first through fourth anniversaries of the grant date, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
F3 On May 20, 2024, the Reporting Person was granted 96,302 RSUs, vesting in three equal annual installments on each of the first through third anniversaries of the grant date, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
F4 The option becomes exercisable, if at all, in full if the average daily closing price of the Company's Class A Common Stock during any 90 consecutive trading day period exceeds $25.17 prior to May 20, 2028, subject to the Reporting Person's continued employment with the Company; provided, that, in no event will the option become exercisable prior to May 20, 2026.