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