SEC Form 4 · accession 0001144204-15-000916
JAKKS PACIFIC INC · JAKK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen G Berman
Officer — CEO, President and Secretary · Director
Period of report
Dec 31, 2014
Accepted (ET)
Jan 6, 2015 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001009829
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Dec 31, 2014 | D | 520,883 | $6.80 | D | 140,205 | D | |
| Common StockF4,F5,F2,F3 | Jan 1, 2015 | A | 514,706 | $6.80 | A | 654,911 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the forfeiture of 520,833 shares issued pursuant to the terms of Holder's Employment Agreement that failed to vest pursuant to the terms of that certain January 1, 2014 Restricted Stock Award Agreement by and between the Holder and the Issuer.
- F2Represents the closing price of the Issuer's common stock on 12/31/14, as reported by Nasdaq.
- F3Certain of these shares may be restricted from transfer pursuant to the minimum stock ownership provision in Holder's Employment Agreement with the Issuer.
- F4Such 520,833 shares were issued pursuant to the terms of Holder's Employment Agreement with the Issuer (as amended and clarified to date) and are further subject to the terms of that certain January 1, 2014 Restricted Stock Award Agreement (the "Agreement") by and between the Holder and the Issuer.
- F5The 520,833 shares will vest pursuant to terms to be determined by the Issuer's Compensation Committee based upon performance criteria it establishes during the first quarter of the year of grant.