Steve Totzke - 31 Jul 2022 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Signature
/s/ Tiffani Magri, Attorney-in-Fact for Steve Totzke
Issuer symbol
MAT
Transactions as of
31 Jul 2022
Net transactions value
-$128,134
Form type
4
Filing time
02 Aug 2022, 21:33:45 UTC
Previous filing
03 May 2022
Next filing
03 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +11,138 +11% 110,692 31 Jul 2022 Direct F1
transaction MAT Common Stock Tax liability $128,134 -5,523 -5% $23.20 105,169 31 Jul 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MAT Restricted Stock Units Options Exercise $0 -11,138 -49% $0.000000 11,477 31 Jul 2022 Common Stock 11,138 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As reported on a Form 4 dated July 31, 2020 and filed on August 4, 2020, the Reporting Person received a grant of 33,753 Restricted Stock Units ("RSUs" or "Units") on July 31, 2020. The RSUs vested as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person received one share of Mattel, Inc. Common Stock, subject to tax withholding. On July 31, 2022, the second 33% of these RSUs vested, resulting in the issuance of 11,138 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the July 31, 2020 RSU grant, 5,523 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.