SEC Form 3 · accession 0000899243-17-025347
Funko, Inc. · FNKO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Trishawn P Kipp
10% Owner
Period of report
Nov 2, 2017
Accepted (ET)
Nov 2, 2017 · 9:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001704711
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common StockF1,F2 | holding | — | — | — | 1,910,084 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common UnitsF2,F3,F4 | — | holding | — | — | — | — | — | Class A Common Stock | 1,910,084 | — | D |
Explanation of responses
- F1Acquired pursuant to a subscription agreement entered into with the Issuer in connection with the Issuer's initial public offering (the "IPO"). One share of the Issuer's Class B common stock, par value $0.0001 per share (the "Class B Common Stock"), was issued for each vested common unit in FAH, LLC (each a "Common Unit") received pursuant to a reclassification of FAH, LLC that occurred in connection with the IPO. The shares of Class B Common Stock (i) confer no incidents of economic ownership on the holders thereof, (ii) only confer voting rights on the holders thereof and (iii) may only be issued, on a one-for-one basis, to the permitted holders of Common Units.
- F2Trishawn P. Kipp is the sole trustee of The Jon P. & Trishawn P. Kipp Children's Trust uad 5/31/2014 (the "Trust") and may be deemed to indirectly beneficially own the Class B Common Stock and Common Units reported herein.
- F3The Common Units may be redeemed by the Trust at any time following the closing of the Issuer's initial public offering for an equal number of shares of Class A Common Stock, par value $0.0001 per share (the "Class A Common Stock") or, at the election of the Issuer, cash equal to the volume-weighted average market price of such shares. Upon the Trust's redemption of a Common Unit for Class A Common Stock, any corresponding share of Class B Common Stock will be cancelled.
- F4All Common Units are vested and have no expiration date.
Remarks
Exhibit List: Exhibit 24.1 - Power of Attorney for The Jon P. & Trishawn P. Kipp Children's Trust uad 5/31/2014 and Exhibit 24.2 - Power of Attorney for Trishawn P. Kipp