Funko director granted options and RSUs
Funko, Inc. director Diane M. Irvine received new equity compensation awards.
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Form Type
4
Rhea-AI Filing Summary
Funko, Inc. director Diane M. Irvine received new equity compensation awards. She was granted an option to purchase 21,445 shares of Class A Common Stock at an exercise price of $5.22 per share, expiring on June 3, 2036, and 14,368 restricted stock units. Both the option and RSUs vest on June 3, 2027, subject to her continued service with the company.
Insider Trade Summary
Grant/Award: 35,813 shares
Grant/Award
2 txns
Insider
IRVINE DIANE M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 14,368 | $0.00 | $0.00 |
| Grant/Award | Option to Purchase Class A Common Stock | 21,445 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 14,368 contracts (Direct);
Option to Purchase Class A Common Stock — 21,445 contracts (Direct)
Footnotes (2)
- 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. The RSUs vest on June 3, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date.
- F2. The option will vest and become exercisable on June 3, 2027, subject to the Reporting Person's continued service with the Issuer through the vesting date.
Key Figures
Option grant size: 21,445 shares
Option exercise price: $5.22 per share
Option expiration: June 3, 2036
+4 more
7 metrics
Option grant size
21,445 shares
Options to purchase Class A Common Stock granted to director
Option exercise price
$5.22 per share
Exercise price for Diane M. Irvine’s stock options
Option expiration
June 3, 2036
Expiration date of granted stock options
RSU grant size
14,368 units
Restricted stock units tied to Class A Common Stock
Equity awards vesting date
June 3, 2027
Vesting date for both options and RSUs, service-based
Options held after grant
21,445 options
Total option derivatives held following the transaction
RSUs held after grant
14,368 RSUs
Total restricted stock units held following the transaction
Key Terms
Restricted Stock Units, exercise price, expiration date, vest
4 terms
Restricted Stock Units financial
"The RSUs vest on June 3, 2027, subject to continued service."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
exercise price financial
"Option to purchase 21,445 shares at an exercise price of $5.22."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"The option expires on June 3, 2036, if not exercised earlier."
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
vest financial
"Both the option and RSUs vest on June 3, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Funko (FNKO) report for Diane M. Irvine?
Funko reported that director Diane M. Irvine received two equity awards: stock options for 21,445 shares at a $5.22 exercise price and 14,368 restricted stock units. Both awards are compensation-related grants, not open-market purchases or sales.
How many Funko (FNKO) stock options were granted to Diane M. Irvine?
Diane M. Irvine was granted options to purchase 21,445 shares of Funko Class A Common Stock. These options have an exercise price of $5.22 per share and will vest in full on June 3, 2027, assuming she continues her service with the company.
What are the terms of Diane M. Irvine’s restricted stock units at Funko (FNKO)?
She received 14,368 restricted stock units, each representing a right to one Funko Class A share or equivalent cash. The RSUs vest on June 3, 2027, subject to her continued service with Funko through that vesting date, making them long-term incentive compensation.
When do Diane M. Irvine’s Funko (FNKO) equity awards vest?
Both the stock options and restricted stock units granted to Diane M. Irvine vest on June 3, 2027. Vesting is conditioned on her continued service with Funko through that date, aligning her incentives with longer-term company performance and tenure.
What is the exercise price and expiration date of Diane M. Irvine’s Funko options?
Her Funko stock options carry a $5.22 per share exercise price and expire on June 3, 2036. The options become exercisable on June 3, 2027, if she remains in service with the company through that vesting date, providing a long-dated equity incentive.
AI-generated analysis. How Rhea-AI works. Not financial advice.
