JAKKS PACIFIC INC — Director's Dealing 2021

Jan 5, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: JAKKS PACIFIC INC (JAKK)
CIK: 0001009829
Period of Report: 2021-01-01

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
2021-01-01	Common Stock	A	85422	$4.98	Acquired	562692	Direct
2021-01-05	Common Stock	F	24451	$4.98	Disposed	538241	Direct

Footnotes

F1: Represents the closing price of the Issuer's common stock on 12/31/20, 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: All share amounts have been adjusted to reflect the 1-10 reverse split effective July 9, 2020.

F4: Such 85,422 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, 2021 Restricted Stock Award Agreement (the "Agreement") by and between the Holder and the Issuer. Such 85,422 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.

F6: Includes 89,363 shares, all or some of which are subject to forfeiture in the event previously disclosed performance based vesting measures are not met as of 12/31/20, but it is not currently determinable at this time if any of such vesting measures were met.