Funko director granted options and RSUs
Funko, Inc. director Charles D. Denson received new equity awards in the form of stock options and restricted stock units.
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Form Type
4
Rhea-AI Filing Summary
Funko, Inc. director Charles D. Denson received new equity awards in the form of stock options and restricted stock units. 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. He also received 14,368 restricted stock units, each representing a right to one share of Class A Common Stock or an equivalent cash payment at the company’s election. Both the options and the RSUs vest on June 3, 2027, subject to his continued service with Funko through that date, so these awards function as long-term, service-based compensation rather than immediate share purchases or sales.
Insider Trade Summary
Grant/Award: 35,813 shares
Grant/Award
2 txns
Insider
DENSON CHARLES D
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/share
Option expiration date: 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/share
Exercise price for director stock options
Option expiration date
June 3, 2036
Stock options expire on this date
RSU grant size
14,368 units
Restricted stock units tied to Class A Common Stock
Vesting date
June 3, 2027
Vesting date for both options and RSUs, service-based
Options held after grant
21,445 options
Total options following transaction for this grant
RSUs held after grant
14,368 RSUs
Total restricted stock units following transaction
Key Terms
Restricted Stock Units, Class A Common Stock, exercise price, vesting, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock"
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.
Class A Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exercise price financial
"Option to Purchase Class A Common Stock ... conversion or exercise price: 5.2200"
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.
vesting financial
"The RSUs vest on June 3, 2027, subject to the Reporting Person's continued service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
"The option will vest and become exercisable on June 3, 2027 ... expiration date: 2036-06-03"
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Funko (FNKO) director Charles D. Denson receive?
Charles D. Denson received stock options and restricted stock units from Funko. The grant includes options for 21,445 Class A shares at a $5.22 exercise price and 14,368 RSUs, all structured as long-term service-based compensation.
When do Charles D. Denson’s new Funko (FNKO) stock options and RSUs vest?
Both the stock options and restricted stock units granted to Charles D. Denson vest on June 3, 2027. Vesting is contingent on his continued service with Funko through that date, aligning the awards with long-term board tenure.
What are the terms of Charles D. Denson’s Funko (FNKO) stock options?
Denson’s stock options cover 21,445 shares of Funko Class A Common Stock at a $5.22 exercise price. The options vest on June 3, 2027, and expire on June 3, 2036, giving a long exercise window after vesting.
How do the restricted stock units granted to Charles D. Denson by Funko (FNKO) work?
Each of Denson’s 14,368 restricted stock units represents a right to one share of Class A Common Stock or equivalent cash. The RSUs vest on June 3, 2027, subject to his continued service, making them deferred, service-based compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
