SEC FORM 3 SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Shah Husnal

(Last) (First) (Middle)
C/O FUNKO, INC.
2802 WETMORE AVE

(Street)
EVERETT WA 98201

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
07/31/2025
3. Issuer Name and Ticker or Trading Symbol
Funko, Inc. [ FNKO ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Product Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock 6,778 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) (1) 12/01/2031 Class A Common Stock 8,100 $15.68 D
Restricted Stock Units (2) (2) Class A Common Stock 688 (2) D
Stock Option (right to buy) (3) 03/08/2032 Class A Common Stock 7,500 $17.09 D
Restricted Stock Units (4) (4) Class A Common Stock 750 (4) D
Stock Option (right to buy) (5) 03/06/2033 Class A Common Stock 23,400 $9.77 D
Restricted Stock Units (6) (6) Class A Common Stock 4,688 (6) D
Stock Option (right to buy) (7) 03/13/2034 Class A Common Stock 83,900 $6.37 D
Restricted Stock Units (8) (8) Class A Common Stock 25,200 (8) D
Stock Option (right to buy) (9) 03/12/2035 Class A Common Stock 16,300 $7.38 D
Restricted Stock Units (10) (10) Class A Common Stock 21,705 (10) D
Explanation of Responses:
1. The option vested and became exercisable with respect to 25% of the shares subject thereto on the first anniversary of December 1, 2021 and the remaining 75% of the option has vested or will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
2. Each RSU represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The original grant of 2,751 RSUs has vested or will vest in four equal installments on each of the first through fourth anniversaries of December 1, 2021, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
3. The option vested and became exercisable with respect to 25% of the shares subject thereto on the first anniversary of March 8, 2022 and the remaining 75% of the option has vested or will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
4. Each RSU represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The original grant of 2,997 RSUs has vested or will vest in four equal installments on each of the first through fourth anniversaries of March 8, 2022, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
5. The option vested and became exercisable with respect to 25% of the shares subject thereto on the first anniversary of March 6, 2023 and the remaining 75% of the option has vested or will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
6. Each RSU represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The original grant of 9,375 RSUs has vested or will vest in four equal installments on each of the first through fourth anniversaries of March 6, 2023, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
7. The option vested and became exercisable with respect to 25% of the shares subject thereto on the first anniversary of March 13, 2024 and the remaining 75% of the option has vested or will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
8. Each RSU represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The original grant of 33,600 RSUs has vested or will vest in four equal installments on each of the first through fourth anniversaries of March 13, 2024, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
9. The option will vest and become exercisable with respect to 25% of the shares subject thereto on the first anniversary of March 12, 2025 and the remaining 75% of the option will vest in thirty-six equal monthly installments thereafter, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
10. Each RSU represents a contingent right to receive one share of Class A Common Stock or, at the election of the Issuer, an equivalent cash payment. The original grant of 21,705 RSUs will vest in four equal installments on each of the first through fourth anniversaries of March 12, 2025, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date.
Remarks:
Exhibit List - Exhibit 24 - Power of Attorney
/s/ Tracy Daw, as Attorney-in-Fact for Husnal Shah 08/12/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.