JAKKS PACIFIC INC — Director's Dealing 2020

Jan 3, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JAKKS PACIFIC INC (JAKK)
CIK: 0001009829
Period of Report: 2019-12-31

Reporting Person: BERMAN STEPHEN G (Director, CEO, President and Secretary, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-12-31	Common Stock	D	203883	$1.03	Disposed	4369579	Direct
2020-01-01	Common Stock	A	528156	$1.03	Acquired	4897735	Direct
2020-01-02	Common Stock	F	125042	$1.03	Disposed	4772693	Direct

Footnotes

F1: Represents the closing price of the Issuer's common stock on 12/31/19, 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: Reflects the forfeiture of 203,883 shares issued pursuant to the terms of Holder's Employment Agreement that failed to vest pursuant to the terms of that certain January 1, 2017 Restricted Stock Award Agreement by and between the Holder and the Issuer.

F4: Such 528,156 shares were issued pursuant to the terms of Holder's Employment Agreement with the Issuer (as amended and clarified to date) and are further subject to the terms of that certain January 1, 2020 Restricted Stock Award Agreement (the "Agreement") by and between the Holder and the Issuer. Such 528,156 shares shall vest in four equal annual installments over four years. These shares have no voting rights until vested.

F5: Represents that number of shares surrendered by the Holder in order to satisfy a tax withholding obligation, as permitted by the terms of a previously reported Restricted Stock Award Agreement by and between the Holder and the Issuer and as approved by the Compensation Committee of the Issuer's Board of Directors.