Dominic Ng - May 26, 2021 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
Director
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Dominic Ng
Stock symbol
MAT
Transactions as of
May 26, 2021
Transactions value $
$130,001
Form type
4
Date filed
5/28/2021, 06:34 PM
Next filing
Feb 7, 2022

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 Award $0 +7.54K $0.00 7.54K May 26, 2021 Common Stock 7.54K Direct F1, F2
transaction MAT Phantom Stock Award $130K +6.32K +10.44% $20.56 66.9K May 26, 2021 Common Stock 6.32K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Restricted Stock Units ("RSUs") were granted on May 26, 2021, pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of such share on the settlement date). The RSUs are accompanied by dividend equivalent rights.
F2 The RSUs are fully vested on the date of grant. Vested RSUs generally will be settled on the third anniversary of the date of grant. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of one share of Common Stock on the settlement date).
F3 Distributions from the Reporting Person's phantom stock account will be in the form of shares of Common Stock equal in value to the value of the phantom stock account.
F4 The phantom stock units will be settled in shares of Common Stock following the Reporting Person's separation from service with Mattel, Inc.