SEC Form 4 · accession 0001144204-15-021048
JAKKS PACIFIC INC · JAKK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Joseph McGrath
Officer — Chief Operating Officer
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 5:38 pm EDT
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 StockF3,F4,F1,F2 | Mar 31, 2015 | A | 135,234 | $6.84 | A | 161,487 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the closing price of the Issuer's common stock on 3/31/15, as reported by Nasdaq.
- F2Certain of these shares may be restricted from transfer pursuant to the minimum stock ownership provision in Holder's Employment Agreement with the Issuer.
- F3Such 135,234 shares were issued pursuant to the Holder's Employment Agreement with the Issuer and are further subject to the terms of that certain March 31, 2015 Restricted Stock Award Agreement by and between the Holder and the Issuer.
- F4The 135,234 shares will vest in two tranches, with each tranche equal to 50% of the total grant. The initial tranche will vest on the date in 2016 as of which the 3% Vesting Condition (as defined in the Holder's Employment Agreement) is determined to be satisfied with the succeeding tranche vesting on January 1, 2017.