0001104659-20-129086.txt : 20201124 0001104659-20-129086.hdr.sgml : 20201124 20201124172836 ACCESSION NUMBER: 0001104659-20-129086 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20201120 FILED AS OF DATE: 20201124 DATE AS OF CHANGE: 20201124 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Kimble John Louis CENTRAL INDEX KEY: 0001795096 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35448 FILM NUMBER: 201345491 MAIL ADDRESS: STREET 1: 49 8TH STREET CITY: HERMOSA BEACH STATE: CA ZIP: 90254 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: JAKKS PACIFIC INC CENTRAL INDEX KEY: 0001009829 STANDARD INDUSTRIAL CLASSIFICATION: GAMES, TOYS & CHILDREN'S VEHICLES (NO DOLLS & BICYCLES) [3944] IRS NUMBER: 954527222 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2951 28TH STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: 424-268-9444 MAIL ADDRESS: STREET 1: 2951 28TH STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 4 1 tm2037068-1_4.xml FORM 4 X0306 4 2020-11-20 0 0001009829 JAKKS PACIFIC INC JAKK 0001795096 Kimble John Louis C/O JAKKS PACIFIC, INC. 2951 28TH STREET SANTA MONICA CA 90405 0 1 0 0 Chief Financial Officer Common Stock 2020-11-20 4 M 0 3922 0.00 A 3922 D Common Stock 2020-11-20 4 M 0 29762 0.00 A 33684 D Restricted Stock Unit ("RSU") 2020-11-20 4 M 0 29762 4.99 D Common Stock 29762 0 D Restricted Stock Unit ("RSU") 2020-11-20 4 M 0 3922 4.99 D Common Stock 3922 7843 D Restricted Stock Unit ("RSU") 2020-11-20 4 A 0 100200 4.99 A Common Stock 100200 100200 D Vested according to the terms of the RSU described on Table II granted on November 20, 2019. Vested on the one year anniversary of its grant. Certain of the underlying shares may be restricted from transfer pursuant to the minimum stock ownership provisions adopted by the Company's Board of Directors. Issued under the Company's 2002 Stock Award and Incentive Plan and is subject to the terms of Agreement for Award of Restricted Stock Units between Issuer and Reporting Person. In accordance with such Agreement, securities so issued will have no voting rights and may not be sold, mortgaged, pledged, transferred or otherwise encumbered prior to vesting. Granted November 20, 2019. 17,647 of RSUs will be subject to three year "cliff vesting" (i.e. vesting is based upon performance at the close of the three year performance period), with vesting of each annual grant of RSUs determined by the following performance measures: (i) Total shareholder return as compared to the Russell 2000 Index (weighted 50%); (ii) Net revenue growth as compared to the Company's peer group (weighted 25%), and (iii) EBITDA growth as compared to the Company's peer group (weighted 25%). 11,765 of RSUs will vest in 3 equal annual installments commencing on the first anniversary of the date of grant and on the second and third anniversaries thereafter. The Reporting Person must be employed by Issuer for an RSU to vest. Represents the closing price of the Company's common stock on the date of vesting, as reported by NASDAQ. 60,120 of RSUs will be subject to three year "cliff vesting" (i.e. vesting is based upon performance at the close of the three year performance period), with vesting of each annual grant of RSUs determined by the following performance measures: (i) Total shareholder return as compared to the Russell 2000 Index (weighted 50%); (ii) Net revenue growth as compared to the Company's peer group (weighted 25%), and (iii) EBITDA growth as compared to the Company's peer group (weighted 25%). 40,080 of RSUs will vest in 3 equal annual installments commencing on the first anniversary of the date of grant and on the second and third anniversaries thereafter. The Reporting Person must be employed by Issuer for an RSU to vest. Represents the closing price of the Company's common stock for the trading day preceding the date of grant, as reported by NASDAQ. All numbers have been adjusted to reflect the 1-for-10 reverse stock split that was effective July 9, 2020. /s/ JOHN L. KIMBLE 2020-11-24