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JAKKS PACIFIC INC — Director's Dealing 2016
Mar 29, 2016
33653_dirs_2016-03-29_0a4b818b-0a47-47da-85f6-046ba48312a1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: JAKKS PACIFIC INC (JAKK)
CIK: 0001009829
Period of Report: 2016-03-25
Reporting Person: MCGRATH JOHN JOSEPH (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-03-25 | Common Stock | A | 134058 | $6.90 | Acquired | 166858 | Direct |
Footnotes
F1: Represents the closing price of the Issuer's common stock on 3/24/16, as reported by Nasdaq.
F2: Certain of these shares may be restricted from transfer pursuant to the minimum stock ownership provision in Holder's Employment Agreement with the Issuer.
F3: Such 134,058 shares were issued pursuant to the Holder's Employment Agreement with the Issuer and are further subject to the terms of that certain March 25, 2016 Restricted Stock Award Agreement by and between the Holder and the Issuer.
F4: The 134,058 shares will vest in three tranches, with each tranche equal to 1/3 of the total grant. The initial tranche will vest on the date in 2017 as of which the vesting condition is determined to be satisfied with the succeeding tranches vesting on the one- and two-year anniversaries of the first vesting date in 2018 and 2019.