JAKKS PACIFIC INC — Director's Dealing 2007

Jun 13, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JAKKS PACIFIC INC (JAKK)
CIK: 0001009829
Period of Report: 2007-06-11

Reporting Person: FRIEDMAN JACK (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-06-11	Common Stock	M	175000	$16.25	Acquired	776904	Direct
2007-06-11	Common Stock	F	107637	$26.42	Disposed	669267	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-06-11	Options	$16.25	M	175000	Disposed	2007-07-11	Common Stock (175000)	Direct

Footnotes

F1: The Holder exercised an option to purchase 175,000 shares of the Issuer's common stock and, in accordance with the terms of
the Issuer's 1995 Employee Stock Option Plan, as amended and restated, paid the $2,843,750 exercise price therefor through
the surrender of 107,637 shares of the Issuer's common stock.

F2: Represents the option exercise price.

F3: Represents the closing price of the Issuer's common stock on 6/11/07, as reported by Nasdaq.

F4: See Remarks

F5: The Holder has agreed with the Issuer that the shares of common stock obtained through the exercise of the option reported
herein shall be subject to the following restrictions on resale: none of such shares may be sold prior to June 11, 2009 and
not more than 50% (i.e., 87,500) of such shares may be sold prior to June 11, 2010.

F6: Currently exercisable.