Kartoon Studios, Inc. — Director's Dealing 2011

Jul 5, 2011

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: PACIFIC ENTERTAINMENT CORP (PENT)
CIK: 0001355848
Period of Report: 2011-07-05

Reporting Person: Morgan Jeanene Grace (Chief Financial Officer)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, no par value	8740	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Non-Qualified Stock Option	$.55	2014-12-31	Common Stock (50000)		Direct
Qualified Stock Option	$.336	2015-12-31	Common Stock (150000)		Direct
Qualified Stock Option	$.336	2015-12-31	Common Stock (100000)		Direct
Qualified Stock Option	$.336	2015-12-31	Common Stock (100000)		Direct
Qualified Stock Option	$.336	2015-12-31	Common Stock (100000)		Direct

Footnotes

F1: On December 31, 2010, the Issuer awarded Ms. Morgan an option to purchase up to 450,000 shares of its no par value common stock. The option vests as to 150,000 shares on the grant date and as to 100,000 shares on each of the first through third anniversaries of the grant date.