UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 15, 2023, Funko, Inc. (the “Company”) entered into a Second Amendment to Amended and Restated Employment Agreement, by and between the Company and Andrew Perlmutter (the “Second Amendment”), to make certain modifications to Mr. Perlmutter’s existing Employment Agreement, as amended (the “Employment Agreement”). Pursuant to the Second Amendment, the period in which Mr. Perlmutter shall be entitled to resign for “Good Reason” (as defined in his Employment Agreement) has been extended to sixteen months after the occurrence of such Good Reason event, and he will be entitled to all of the severance benefits that become payable under the Employment Agreement in connection with a resignation for Good Reason.
The foregoing description of the Second Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Amendment, which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits:
| Exhibit No. |
Description | |
| 10.1 | Second Amendment to Amended and Restated Employment Agreement, by and between the Company and Andrew Perlmutter. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: August 15, 2023 | FUNKO, INC. | |||||
| By: | /s/ Tracy D. Daw | |||||
| Tracy D. Daw | ||||||
| Chief Legal Officer and Secretary | ||||||