Attached files
| file | filename |
|---|---|
| 8-K - FORM 8-K - JAKKS PACIFIC INC | v435798_8k.htm |
| EX-99.1 - EXHIBIT 99.1 - JAKKS PACIFIC INC | v435798_ex99-1.htm |
| EX-99.2 - EXHIBIT 99.2 - JAKKS PACIFIC INC | v435798_ex99-2.htm |
| EX-99.3 - EXHIBIT 99.3 - JAKKS PACIFIC INC | v435798_ex99-3.htm |
Exhibit 99.4
Exhibit D
(Vesting of 2016 Additional Performance Based Restricted Stock Award to COO John (Jack) McGrath)
Additional Restricted Stock Grant (1) $925,000 |
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| Metric | Operating Margin | Net Revenue | Earnings Per Share | Relative TSR | Total |
| Weight | 25% | 25% | 25% | 25% | 100% |
| Vesting Opportunity | $231,250 | $231,250 | $231,250 | $231,250 | $925,000 |
| Performance Based Vesting | Vesting in thirds | Operating Margin* Vesting Target = $231,250 |
Net Revenue** ($ Millions) Vesting Target = $231,250 |
Earnings Per Share Vesting Target =$231,250 |
Relative TSR*** Vesting Target = $231,250 | ||||||||
| 0% | <5.30% | <$795.4 | <$0.77 | 0% | |||||||||
| 20% | Whatever percentage | 5.30% | - | 5.49% | $795.4 | - | $835.1 | $0.77 | - | $0.79 | 20% | ||
| 30% | vests, 1/3 becomes | 5.50% | - | 5.69% | $835.2 | - | $876.8 | $0.80 | - | $0.83 | 30% | ||
| 40% | unrestricted on the date the | 5.70% | - | 5.89% | $876.9 | - | $920.7 | $0.84 | - | $0.88 | 40% | ||
| 50% | performance has been | 5.90% | - | 6.09% | $920.8 | - | $966.7 | $0.89 | - | $0.92 | 50% | ||
| 60% | determined, and 1/3 each | 6.10% | - | 6.29% | $966.8 | - | $1,015.1 | $0.93 | - | $0.97 | 60% | ||
| 70% | on next two vesting | 6.30% | - | 6.49% | $1,015.2 | - | $1,065.8 | $0.98 | - | $1.02 | 70% | ||
| 80% | anniversaries | 6.50% | - | 6.69% | $1,065.9 | - | $1,119.1 | $1.03 | - | $1.07 | 80% | ||
| 90% | 6.70% | - | 6.89% | $1,119.2 | - | $1,175.1 | $1.08 | - | $1.12 | 90% | |||
| 100% | 6.90% | - | and up | $1,175.2 | - | and up | $1.13 | - | and up | 100% | |||
*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
***Relative Total Shareholder Return measured as the percentage return to investors (stock price growth + dividends paid) compared to Russell 2000 Index. In accordance with plan provisions, the Compensation Committee can use its negative discretion to reflect extraordinary circumstances. Actual results to be interpolated between integer steps shown.
(1) This grant is in addition to the $75,000 annual grant previously granted to Mr. McGrath.