0001683168-23-008830.txt : 20231213 0001683168-23-008830.hdr.sgml : 20231213 20231213215517 ACCESSION NUMBER: 0001683168-23-008830 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231207 FILED AS OF DATE: 20231213 DATE AS OF CHANGE: 20231213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Heyward Andy CENTRAL INDEX KEY: 0001591978 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37950 FILM NUMBER: 231485451 MAIL ADDRESS: STREET 1: 9401 WILSHIRE BOULEVARD STREET 2: SUITE 608 CITY: BEVERLY HILLS STATE: CA ZIP: 90212 FORMER NAME: FORMER CONFORMED NAME: HEYWARD ANDREW A DATE OF NAME CHANGE: 20131114 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Kartoon Studios, Inc. CENTRAL INDEX KEY: 0001355848 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MOTION PICTURE & VIDEO TAPE PRODUCTION [7812] IRS NUMBER: 204118216 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 190 N. CANON STREET 2: 4TH FLOOR CITY: BEVERLY HILLS STATE: CA ZIP: 90210 BUSINESS PHONE: 310-273-4222 MAIL ADDRESS: STREET 1: 190 N. CANON STREET 2: 4TH FLOOR CITY: BEVERLY HILLS STATE: CA ZIP: 90210 FORMER COMPANY: FORMER CONFORMED NAME: Genius Brands International, Inc. DATE OF NAME CHANGE: 20111109 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC ENTERTAINMENT CORP DATE OF NAME CHANGE: 20060310 4 1 ownership.xml X0508 4 2023-12-07 0 0001355848 Kartoon Studios, Inc. TOON 0001591978 Heyward Andy C/O KARTOON STUDIOS, INC. 190 N. CANON DRIVE, FLOOR 4 BEVERLY HILLS CA 90210 1 1 0 0 CEO and Chairman 0 Common Stock, par value $0.001 per share 2023-12-07 4 M 0 93750 A 1627679 D Common Stock, par value $0.001 per share 99073 I See Footnote Common Stock, par value $0.001 per share 124 I See Footnote Restricted Stock Units 2023-12-07 4 M 0 93750 0 D Common Stock, par value $0.001 per share 93750 1218750 D Each restricted stock unit represents a contingent right to receive one share of TOON common stock. On February 6, 2023, the issuer effected a 10-for-1 reverse stock split of the issued and outstanding shares of its common stock (the "2023 Reverse Stock Split"). Upon effectiveness of the 2023 Reverse Stock Split, every 10 shares of voting common stock was automatically converted into 1 share of common stock. The Reporting Person indirectly owns 99,073 shares of common stock over which the Reporting Person holds voting and dispositive power. The Reporting Person indirectly owns 124 shares of common stock held by Heyward Living Trust. On December 7, 2020, the Reporting Person was granted 15,000,000 restricted stock units pursuant to a restricted stock unit agreement, of which (i) 7,500,000 shares vested in four equal installments on the first, second, third and fourth anniversaries of December 7, 2020, and (ii) 7,500,000 shares (characterized as Performance Shares in previous Form 4) vested in four equal installments on the first, second, third and fourth anniversaries of December 7, 2020, based on the achievement of certain performance goals, each subject to the Reporting Person's continued employment. Such agreement was amended and restated in June 2021 to revise the vesting provisions so that (i) an aggregate of 3,750,000 shares vested in four equal installments on the first, second, third and fourth anniversaries of December 7, 2020, and (ii) an aggregate of 11,250,000 shares vested based on achievement of certain performance goals, each subject to the Reporting Person's continued employment. The restricted stock units, which vested on December 7, 2023, were previously reported as covering 937,500 shares, but were adjusted to 93,750 shares to reflect the 2023 Reverse Stock Split. /s/ Andy Heyward 2023-12-13