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Filing Details

Accession Number:: 0000905718-21-000956
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-07-26 18:01:27
Reporting Period:: 2021-07-22

Accepted Time:: 2021-07-26 18:01:27
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2021-07-22	283,500	$10.10	1,056,639	No	4	P	Indirect	See Footnotes
Common Stock	Acquisiton	2021-07-23	300,000	$10.53	1,356,639	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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	2023 Convertible Senior Notes	Disposition	2021-07-22	0	$2,581,050.00	265,628	$5.65
Common Stock	2023 Convertible Senior Notes	Disposition	2021-07-23	0	$2,998,995.00	295,125	$5.65

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2019-08-09	2021-09-01	No	4	S	Indirect
0	2019-08-09	2021-09-01	No	4	S	Indirect

Footnotes

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $9.72 to $10.59, inclusive. The reporting persons undertake to provide to JAKKS Pacific, Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnotes (1) and (2) to this Form 4.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.07 to $10.75, inclusive.
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 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.
Pursuant to the certificate of designations for the Issuer's Series A Senior Preferred Stock and a voting agreement between the Issuer and certain holders party thereto, BSP has certain director designation rights with respect to the Issuer's board of directors. Matthew Winkler currently serves as BSP's designee.