JAKKS PACIFIC INC — Director's Dealing 2008

Oct 23, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JAKKS PACIFIC INC (JAKK)
CIK: 0001009829
Period of Report: 2008-10-20

Reporting Person: MILLER MICHAEL G (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-10-20	Common Stock	M	7500	$13.47	Acquired	25768	Direct
2008-10-20	Common Stock	M	7500	$17.26	Acquired	33268	Direct
2008-10-20	Common Stock	S	7500	$19.8541	Disposed	25768	Direct
2008-10-20	Common Stock	S	7500	$19.8675	Disposed	18268	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-10-20	Options	$13.47	M	7500	Disposed	2013-01-01	Common Stock (7500)	Direct
2008-10-20	Options	$17.26	M	7500	Disposed	2012-07-01	Comm Stock (7500)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options	$19.27	2015-07-01	Common Stock (7500)	7500	Direct
Options	$22.11	2015-01-01	Common Stock (7500)	7500	Direct
Options	$20.55	2014-07-01	Common Stock (7500)	7500	Direct
Options	$18.95	2012-01-01	Comm Stock (7500)	7500	Direct

Footnotes

F1: Represents the option exercise price.

F2: The sales reported hereby were made under a Rule 10b5-1 Selling Plan dated April 3, 2008 (the "Plan"), pursuant to which the
Filer has exercised, and will be exercising, options and has, and will be, selling up to 74,646 shares underlying such
options, which exercises and sales, according to the Plan, are to be completed by December 31, 2008.