Richard Dickson - Jul 31, 2021 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
Pres & Chief Operating Officer
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Richard Dickson
Stock symbol
MAT
Transactions as of
Jul 31, 2021
Transactions value $
-$915,107
Form type
4
Date filed
8/3/2021, 09:20 PM
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +24.2K +8.7% 303K Aug 1, 2021 Direct F1
transaction MAT Common Stock Tax liability -$261K -12K -3.97% $21.72 291K Aug 1, 2021 Direct F2
transaction MAT Common Stock Options Exercise +27.3K +9.39% 318K Aug 1, 2021 Direct F3
transaction MAT Common Stock Tax liability -$294K -13.5K -4.26% $21.72 305K Aug 1, 2021 Direct F4
transaction MAT Common Stock Options Exercise +33.4K +10.97% 338K Jul 31, 2021 Direct F5
transaction MAT Common Stock Tax liability -$360K -16.6K -4.9% $21.72 321K Jul 31, 2021 Direct F6
holding MAT Common Stock 7.17K Jul 31, 2021 In 401(k) F7

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 -24.2K -100% $0.00* 0 Aug 1, 2021 Common Stock 24.2K Direct F1
transaction MAT Restricted Stock Units Options Exercise $0 -27.3K -49.25% $0.00 28.1K Aug 1, 2021 Common Stock 27.3K Direct F3
transaction MAT Restricted Stock Units Options Exercise $0 -33.4K -33% $0.00 67.8K Jul 31, 2021 Common Stock 33.4K Direct F5
transaction MAT Restricted Stock Units Award $0 +51.3K +50.71% $0.00 153K Aug 2, 2021 Common Stock 51.3K Direct F8, F9
transaction MAT Employee Stock Option - Right to Buy Award $0 +120K +48.51% $0.00 366K Aug 2, 2021 Common Stock 120K $21.91 Direct F10
* 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 August 1, 2018 and filed on August 3, 2018, the Reporting Person received a grant of 71,293 Restricted Stock Units ("RSUs" or "Units") on August 1, 2018. 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 August 1, 2021, the remaining 34% of these RSUs vested, resulting in the issuance of 24,240 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the August 1, 2018 RSU grant, 12,019 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 As reported on a Form 4 dated August 1, 2019 and filed on August 5, 2019, the Reporting Person received a grant of 82,781 RSUs on August 1, 2019. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On August 1, 2021, the second 33% of these RSUs vested, resulting in the issuance of 27,318 shares of Mattel, Inc. Common Stock.
F4 Pursuant to the terms of the August 1, 2019 RSU grant, 13,545 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F5 As reported on a Form 4 dated July 31, 2020 and filed on August 4, 2020, the Reporting Person received a grant of 101,260 RSUs on July 31, 2020. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On July 31, 2021, the first 33% of these RSUs vested, resulting in the issuance of 33,415 shares of Mattel, Inc. Common Stock.
F6 Pursuant to the terms of the July 31, 2020 RSU grant, 16,568 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F7 As of July 30, 2021, the Reporting Person had a balance of $155,755.47 in the Mattel Stock Fund of Mattel, Inc.'s 401(k) plan, the Personal Investment Plan ("PIP"). The number of shares has been calculated by the third-party administrator for the PIP.
F8 The RSUs were granted on August 2, 2021 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended (the "Plan"). Each Unit represents a contingent right to receive one share of Mattel, Inc. Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of such share).
F9 The RSUs vest 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 will receive one share of Mattel, Inc. 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 date of vesting), subject to tax withholding.
F10 The option was granted on August 2, 2021 pursuant to the Plan. The option vests and becomes exercisable with regard to (a) 33% of the shares granted on the first anniversary of the date of grant, (b) an additional 33% of the shares granted on the second anniversary of the date of grant, and (c) the remaining 34% of the shares granted on the third anniversary of the date of grant.