Funko, Inc. Files Definitive Proxy Statement (DEF 14A)

Ticker: FNKO · Form: DEF 14A · Filed: Apr 24, 2024 · CIK: 1704711

Funko, INC. DEF 14A Filing Summary
FieldDetail
CompanyFunko, INC. (FNKO)
Form TypeDEF 14A
Filed DateApr 24, 2024
Risk Levellow
Pages16
Reading Time19 min
Sentimentneutral

Sentiment: neutral

Topics: Funko, FNKO, DEF 14A, Proxy Statement, Corporate Governance

TL;DR

<b>Funko, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the period ending June 4, 2024.</b>

AI Summary

Funko, Inc. (FNKO) filed a Proxy Statement (DEF 14A) with the SEC on April 24, 2024. Funko, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 24, 2024. The filing covers the period ending June 4, 2024. The company's fiscal year ends on December 31. Funko, Inc. is incorporated in Delaware. The company's principal business address is in Everett, WA.

Why It Matters

For investors and stakeholders tracking Funko, Inc., this filing contains several important signals. This filing is a routine requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director elections, and executive compensation. Shareholders should review this document to understand proposed board nominees, executive compensation plans, and other corporate governance matters before voting.

Risk Assessment

Risk Level: low — Funko, Inc. shows low risk based on this filing. The filing is a standard DEF 14A, indicating routine corporate governance and shareholder information, with no immediate financial or operational red flags.

Analyst Insight

Review the proxy statement for details on executive compensation, board nominations, and shareholder proposals to inform voting decisions.

Key Numbers

Key Players & Entities

FAQ

When did Funko, Inc. file this DEF 14A?

Funko, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 24, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Funko, Inc. (FNKO).

Where can I read the original DEF 14A filing from Funko, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Funko, Inc..

What are the key takeaways from Funko, Inc.'s DEF 14A?

Funko, Inc. filed this DEF 14A on April 24, 2024. Key takeaways: Funko, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 24, 2024.. The filing covers the period ending June 4, 2024.. The company's fiscal year ends on December 31..

Is Funko, Inc. a risky investment based on this filing?

Based on this DEF 14A, Funko, Inc. presents a relatively low-risk profile. The filing is a standard DEF 14A, indicating routine corporate governance and shareholder information, with no immediate financial or operational red flags.

What should investors do after reading Funko, Inc.'s DEF 14A?

Review the proxy statement for details on executive compensation, board nominations, and shareholder proposals to inform voting decisions. The overall sentiment from this filing is neutral.

How does Funko, Inc. compare to its industry peers?

Funko operates in the consumer discretionary sector, specifically in the manufacturing of toys and collectibles.

Are there regulatory concerns for Funko, Inc.?

As a publicly traded company, Funko is subject to SEC regulations and disclosure requirements, including the filing of proxy statements.

Industry Context

Funko operates in the consumer discretionary sector, specifically in the manufacturing of toys and collectibles.

Regulatory Implications

As a publicly traded company, Funko is subject to SEC regulations and disclosure requirements, including the filing of proxy statements.

What Investors Should Do

  1. Review the list of director nominees and their qualifications.
  2. Analyze the executive compensation details, including base salary, bonuses, and equity awards.
  3. Understand any shareholder proposals and the company's recommendation.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure document. No comparative data from a previous filing is directly presented in this header information.

Filing Stats: 4,830 words · 19 min read · ~16 pages · Grade level 12.2 · Accepted 2024-04-24 16:28:34

Filing Documents

EXECUTIVE COMPENSATION OBJECTIVES AND PHILOSOPHY

EXECUTIVE COMPENSATION OBJECTIVES AND PHILOSOPHY 27 PROCESS FOR DETERMINING EXECUTIVE COMPENSATION 28 Table of Contents ELEMENTS OF COMPENSATION 29 OTHER POLICIES AND CONSIDERATIONS 35

EXECUTIVE COMPENSATION TABLES

EXECUTIVE COMPENSATION TABLES 36 202 3 SUMMARY COMPENSATION TABLE 37 GRANTS OF PLAN-BASED AWARDS IN FISCAL 202 3 39 NARRATIVE TO SUMMARY COMPENSATION TABLE AND GRANTS OF PLAN-BASED AWARDS TABLE 40 SUMMARY OF EXECUTIVE COMPENSATION ARRANGEMENTS 40 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END 45 OPTION EXERCISES AND STOCK VESTED IN FISCAL 202 3 46 POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL 47 DIRECTOR COMPENSATION 50 C EO PAY RATIO 52 PAY VERSUS PERFORMANCE TABLE 53 NARRATIVE DISCLOSURE TO PAY VERSUS PERFORMANCE TABLE 55 S ECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 57 CERTAIN RELATIONSHIPS AND RELATED PERSON TRANSACTIONS 60 P OLICIES AND PROCEDURES FOR RELATED PERSON TRANSACTIONS 60 TAX RECEIVABLE AGREEMENT 61 FAH LLC AGREEMENT 61 STOCKHOLDERS AGREEMENT 62 REGISTRATION RIGHTS AGREEMENT 63 INDEMNIFICATION AGREEMENTS 63 DELINQUENT SECTION 16(A) REPORTS 63 COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION 63 STOCKHOLDERS' PROPOSALS 63 OTHER MATTERS 64 SOLICITATION OF PROXIES 64 FUNKO'S ANNUAL REPORT ON FORM 10-K 65 PROXY CARD 66 Table of Contents CERTAIN DEFINITIONS As used in the accompanying proxy statement, unless otherwise indicated, references to: "we," "us," "our," the "Company," "Funko" and similar references refer to: Funko, Inc., and, unless otherwise stated, all of its direct and indirect subsidiaries, including FAH, LLC. "ACON" refers to ACON Funko Investors, L.L.C., a Delaware limited liability company, and certain funds affiliated with ACON Funko Investors, L.L.C. (including each of the Former Equity Owners). " ACON Sale " refers to the sale by ACON and certain of its affiliates to TCG of an aggregate of 12,520,559 shares of our Class A common stock pursuant to a Stock Purchase Agreement, dated as of May 3, 2022, by and among ACON, certain affiliates of ACON and TCG. "Continuing Equity Owners" refers collectively to ACON, Fundame

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