Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - JAKKS PACIFIC INC | v406508_8k.htm |
| EX-99.4 - EXHIBIT 99.4 - JAKKS PACIFIC INC | v406508_ex99-4.htm |
| EX-99.2 - EXHIBIT 99.2 - JAKKS PACIFIC INC | v406508_ex99-2.htm |
| EX-99.1 - EXHIBIT 99.1 - JAKKS PACIFIC INC | v406508_ex99-1.htm |
EXHIBIT 99.3
Exhibit C
(Vesting of 2015 Annual Performance Based Restricted Stock Award to CEO Stephen Berman)
| Restricted Stock Grant | |||||||||||||
| $3,500,000 | |||||||||||||
| Metric | Operating Margin | Net Revenue |
Earnings Per Share |
Share Price |
Total | ||||||||
| Weight | 25% | 25% | 25% | 25% | 100% | ||||||||
| Vesting Opportunity | $875,000 | $875,000 | $875,000 | $875,000 | $3,500,000 | ||||||||
| Performance Based Vesting |
Vesting in thirds… | Operating Margin* Vesting Target = $875,000 |
Net Revenue** ($ Millions) Vesting Target = $875,000 |
Earnings Per Share Vesting Target = $875,000 |
Share Price Vesting Target = $875,000 | ||||||||
| 0% | Whatever percentage vests, 1/3 becomes unrestricted at end of year, and 1/3 each on next two vesting anniversaries | ||||||||||||
| 20% | 5.00% | - | 5.19% | $735.0 | - | $771.7 | $0.66 | - | $0.68 | $9.25 | - | $9.98 | |
| 30% | 5.20% | - | 5.39% | $771.8 | - | $808.4 | $0.69 | - | $0.72 | $9.99 | - | $10.78 | |
| 40% | 5.40% | - | 5.59% | $808.5 | - | $845.2 | $0.73 | - | $0.75 | $10.79 | - | $11.64 | |
| 50% | 5.60% | - | 5.79% | $845.3 | - | $881.9 | $0.76 | - | $0.78 | $11.65 | - | $12.57 | |
| 60% | 5.80% | - | 5.99% | $882.0 | - | $918.7 | $0.79 | - | $0.82 | $12.58 | - | $13.58 | |
| 70% | 6.00% | - | 6.19% | $918.8 | - | $955.4 | $0.83 | - | $0.85 | $13.59 | - | $14.67 | |
| 80% | 6.20% | - | 6.39% | $955.5 | - | $992.2 | $0.86 | - | $0.88 | $14.68 | - | $15.84 | |
| 90% | 6.40% | - | 6.59% | $992.3 | - | $1,028.9 | $0.89 | - | $0.91 | $15.85 | - | $17.11 | |
| 100% | 6.60% | - | 6.79% | $1,029.0 | - | $1,065.7 | $0.92 | - | $0.95 | $17.12 | - | $18.48 | |
| *For Operating Margin component to pay out, JAKKS must also meet Net Revenue threshold | |||||||||||||
| **For Net Revenue component to pay out, JAKKS must also meet Operating Margin threshold | |||||||||||||