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Kartoon Studios, Inc. — Director's Dealing 2020
Dec 10, 2020
34707_dirs_2020-12-09_b6e2930b-67d8-44e5-b76f-235ff9ca66a7.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Genius Brands International, Inc. (GNUS)
CIK: 0001355848
Period of Report: 2020-12-07
Reporting Person: Heyward Andy (Director, Chief Executive Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2020-12-07 | Employee Stock Option Grant (Right to Buy) | $1.39 | A | 5000000 | Acquired | 2030-12-06 | Common Stock, par value $0.001 per share (5000000) | Direct |
| 2020-12-07 | Restricted Stock Units | $ | A | 7500000 | Acquired | Common Stock, par value $0.001 per share (7500000) | Direct | |
| 2020-12-07 | Performance Shares | $ | A | 7500000 | Acquired | Common Stock, par value $0.001 per share (7500000) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock, par value $0.001 per share | 13464282 | Direct |
| Common Stock, par value $0.001 per share | 990728 | Indirect |
| Common Stock, par value $0.001 per share | 1234 | Indirect |
Footnotes
F1: The Reporting Person indirectly owns 990,728 shares of common stock over which the Reporting Person holds voting and dispositive power.
F2: The Reporting Person indirectly owns 1,234 shares of common stock held by Heyward Living Trust.
F3: The option was fully vested on the date of grant.
F4: Each restricted stock unit represents a contingent right to receive one share of GNUS common stock.
F5: The restricted stock units vest in four equal installments on the first, second, third and fourth anniversaries of December 7, 2020, subject to the Reporting Person's continued employment. Vested shares will be delivered to the Reporting Person in equal installments in each calendar quarter following the vesting date.
F6: Each performance share represents a contingent right to receive one share of GNUS common stock. The performance shares vest in four equal installments on the first, second, third and fourth anniversaries of December 7, 2020, based on achievement of certain performance goals and subject to the Reporting Person's continued employment.