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