Filing Details

Accession Number:
0000905718-21-001628
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-12-20 16:30:45
Reporting Period:
2021-12-15
Accepted Time:
2021-12-20 16:30:45
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1009829 Jakks Pacific Inc JAKK Games, Toys & Children's Vehicles (No Dolls & Bicycles) (3944) 954527222
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1543160 Benefit Street Partners Llc 9 West 57Th Street, Suite 4920
New York NY 10019
No No Yes No
1610124 Thomas Gahan 9 West 57Th Street, Suite 4920
New York NY 10019
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2021-12-15 119,884 $10.53 1,476,523 No 4 P Indirect See Footnotes
Series A Senior Preferred Stock Acquisiton 2021-12-15 40,965 $88.48 145,788 No 4 P Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Indirect See Footnotes
No 4 P Indirect See Footnotes
Footnotes
  1. The reported securities are held by one or more private funds and accounts (the "BSP Funds"). Benefit Street Partners L.L.C. ("BSP") is a registered investment adviser under Section 203 of the Investment Advisers Act of 1940, as amended. BSP, either directly or through one or more affiliated entities, serves as the investment adviser to each of the BSP Funds. Mr. Gahan controls BSP in his role as Chief Executive Officer of BSP's sole managing member. As a result, each of BSP and Mr. Gahan may be deemed to beneficially own the securities held by the BSP Funds. Each reporting person disclaims beneficial ownership of these securities, except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
  2. The BSP Funds collectively own a majority of the issued and outstanding shares of the Series A Senior Preferred Stock (the "Preferred Stock") of JAKKS Pacific, Inc. (the "Issuer"). Pursuant to the certificate of designations, as amended, governing the Preferred Stock, holders of the Preferred Stock have the right to vote on certain matters, including election of two directors to the Issuer's board of directors, as a separate class from the Issuer's common stock (the "Common Stock"); however, the Preferred Stock is not convertible into Common Stock. Matthew Winkler, a managing director at BSP, and Lori MacPherson currently serve as BSP's designees to the Issuer's board of directors.