Funko director granted options and RSUs
Funko, Inc. director Jesse Jacobs reported receiving equity compensation tied to his board service.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Funko, Inc. director Jesse Jacobs reported receiving equity compensation tied to his board service. He was granted options to purchase 21,445 shares of Class A Common Stock at an exercise price of $5.22 per share, expiring on June 3, 2036, which vest on June 3, 2027. He also received 14,368 restricted stock units that each represent one share of Class A Common Stock or an equivalent cash payment, vesting on June 3, 2027, subject to continued service. The awards are held for the benefit of TCG Capital Management, LP under a stockholders agreement, and Jacobs disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary
Grant/Award: 35,813 shares
Grant/Award
2 txns
Insider
Jacobs Jesse
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 (3)
- 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 reporting person was granted 14,368 restricted stock units and 21,445 options to purchase Class A Common Stock as compensation for his service on the Issuer's board of directors and are held by the reporting person for the benefit of TCG Capital Management, LP ("TCG"). Pursuant to a Stockholders Agreement with the Issuer, TCG and its affiliates have the right to nominate up to two directors to the Issuer's board of directors, subject to certain ownership thresholds. The reporting person serves on the Issuer's board of directors pursuant to this right. The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that he is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F3. The options 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
Options granted: 21,445 options
Option exercise price: $5.22 per share
Option expiration: June 3, 2036
+2 more
5 metrics
Options granted
21,445 options
Grant of options to purchase Class A Common Stock
Option exercise price
$5.22 per share
Exercise price for granted options
Option expiration
June 3, 2036
Expiration date of granted options
RSUs granted
14,368 RSUs
Restricted stock units tied to Class A Common Stock
Vesting date
June 3, 2027
Vesting for both options and RSUs, subject to continued service
Key Terms
Restricted Stock Units, Stockholders Agreement, beneficial ownership, pecuniary interest, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
Stockholders Agreement financial
"Pursuant to a Stockholders Agreement with the Issuer, TCG and its affiliates have the right"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of such securities except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of such securities except to the extent of his pecuniary interest"
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Funko (FNKO) director Jesse Jacobs report?
Jesse Jacobs reported receiving option and RSU awards as equity compensation for Funko board service. He was granted 21,445 stock options and 14,368 restricted stock units, both tied to Class A Common Stock and subject to future vesting conditions.
How many stock options were granted to Jesse Jacobs at Funko (FNKO)?
Jesse Jacobs was granted 21,445 options to purchase Funko Class A Common Stock. These options carry a $5.22 exercise price per share, vest on June 3, 2027, and expire on June 3, 2036, reflecting standard long-dated director compensation.
What restricted stock units did Jesse Jacobs receive from Funko (FNKO)?
Jacobs received 14,368 restricted stock units linked to Funko Class A Common Stock. Each RSU represents one share or equivalent cash payment and will vest on June 3, 2027, if he continues serving on the board through that vesting date.
When do Jesse Jacobs’ Funko (FNKO) equity awards vest?
Both the RSUs and the stock options granted to Jesse Jacobs vest on June 3, 2027. Vesting is conditioned on his continued service with Funko as of that date, aligning the awards with ongoing board participation and oversight.
Who ultimately benefits from Jesse Jacobs’ Funko (FNKO) equity awards?
The awards are held by Jesse Jacobs for the benefit of TCG Capital Management, LP. A stockholders agreement gives TCG nomination rights for Funko directors, and Jacobs disclaims beneficial ownership of the securities except for his pecuniary interest.
Are Jesse Jacobs’ Funko (FNKO) awards open-market purchases or sales?
These entries reflect equity grants, not market trades. The Form 4 shows compensation-related awards of options and RSUs, coded as acquisitions, with no reported open-market buying or selling of Funko Class A Common Stock by Jacobs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
