CHIEF LEGAL OFFICER Daw Tracy D converted options into 27,600 shares and was granted 1,361 shares, increasing direct ownership by 181% to 44,940 units (SEC Form 4)
$FNKO
Recreational Games/Products/Toys
Consumer Discretionary
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Funko, Inc. [ FNKO ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 03/12/2025 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| CLASS A COMMON STOCK | 03/12/2025 | A | 1,361(1) | A | $0 | 17,340 | D | |||
| CLASS A COMMON STOCK | 03/13/2025 | M | 12,600 | A | $0(2) | 29,940 | D | |||
| CLASS A COMMON STOCK | 03/13/2025 | M | 15,000 | A | $0(2) | 44,940(3) | D | |||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (2) | 03/12/2025 | A | 39,069 | (4) | (4) | CLASS A COMMON STOCK | 39,069 | $0 | 39,069 | D | ||||
| Option to Purchase Class A Common Stock | $7.38 | 03/12/2025 | A | 29,300 | (5) | 03/12/2035 | CLASS A COMMON STOCK | 29,300 | $0 | 29,300 | D | ||||
| Restricted Stock Units | (2) | 03/13/2025 | M | 15,000 | (6) | (6) | CLASS A COMMON STOCK | 15,000 | $0 | 0 | D | ||||
| Restricted Stock Units | (2) | 03/13/2025 | M | 12,600 | (7) | (7) | CLASS A COMMON STOCK | 12,600 | $0 | 37,800 | D | ||||
| Explanation of Responses: |
| 1. Reflects partial vesting of performance conditions associated with a previously awarded performance stock unit. |
| 2. 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. |
| 3. The total number of Class A common stock reported in Column 5 does not reflect any common units beneficially owned by the Reporting Person. |
| 4. The RSUs vest in four equal installments on each of the first through fourth anniversaries of March 12, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. |
| 5. The option will vest and become exercisable with respect to 25% of the shares subject thereto on the first anniversary of March 12, 2025 and the remaining 75% of the option will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. |
| 6. On March 13, 2024, the Reporting Person was granted 15,000 RSUs vesting in full on March 13, 2025, subject to the Reporting Person's continued employment with the Issuer through the vesting date. |
| 7. On March 13, 2024, the Reporting Person was granted 50,400 RSUs, vesting in four equal installments on each of the first through fourth anniversaries of March 13, 2024, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date. |
| Remarks: |
| /s/ Tracy D. Daw | 03/14/2025 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||