JAKKS PACIFIC INC — Director's Dealing 2021

Jul 26, 2021

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: JAKKS PACIFIC INC (JAKK)
CIK: 0001009829
Period of Report: 2021-07-21

Reporting Person: Benefit Street Partners LLC (10% Owner)
Reporting Person: Gahan Thomas (10% Owner)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	773139	Indirect
Series A Senior Preferred Stock	104823	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
2023 Convertible Senior Notes	$5.647	2021-09-01	Common Stock (560753)		Indirect

Footnotes

F1: The reported securities are held by one or more private funds and accounts (the "BSP Funds"). Benefit Street Partners L.L.C. ("BSP") is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940, as amended. BSP serves as the investment adviser to each of the BSP Funds. Mr. Gahan controls BSP in his role as Chief Executive Officer of BSP's sole managing member. As a result, each of BSP and Mr. Gahan may be deemed to beneficially own the securities held by the BSP Funds. Each reporting person disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F2: Pursuant to the certificate of designations for JAKKS Pacific, Inc.'s (the "Issuer") Series A Senior Preferred Stock and a voting agreement between the Issuer and certain holders party thereto, BSP has certain director designation rights with respect to the Issuer's board of directors. Matthew Winkler currently serves as BSP's designee.