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

Role
EVP, Chief Comm Officer
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Steven B. Totzke
Stock symbol
MAT
Transactions as of
Jul 31, 2021
Transactions value $
-$228,820
Form type
4
Date filed
8/3/2021, 09:31 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 +6.46K +13.59% 54K Aug 1, 2021 Direct F1
transaction MAT Common Stock Tax liability -$69.6K -3.21K -5.93% $21.72 50.8K Aug 1, 2021 Direct F2
transaction MAT Common Stock Options Exercise +3.64K +7.17% 54.5K Aug 1, 2021 Direct F3
transaction MAT Common Stock Tax liability -$39.2K -1.81K -3.32% $21.72 52.7K Aug 1, 2021 Direct F4
transaction MAT Common Stock Options Exercise +11.1K +21.15% 63.8K Jul 31, 2021 Direct F5
transaction MAT Common Stock Tax liability -$120K -5.52K -8.66% $21.72 58.3K Jul 31, 2021 Direct F6

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 - Granted 08/01/2018 Options Exercise $0 -6.46K -100% $0.00* 0 Aug 1, 2021 Common Stock 6.46K Direct F1
transaction MAT Restricted Stock Units - Granted 08/01/2019 Options Exercise $0 -3.64K -49.26% $0.00 3.75K Aug 1, 2021 Common Stock 3.64K Direct F3
transaction MAT Restricted Stock Units Options Exercise $0 -11.1K -33% $0.00 22.6K Jul 31, 2021 Common Stock 11.1K Direct F5
transaction MAT Restricted Stock Units Award $0 +22.8K +67.61% $0.00 56.6K Aug 2, 2021 Common Stock 22.8K Direct F7, F8
transaction MAT Employee Stock Option - Right to Buy Award $0 +53.2K +64.68% $0.00 135K Aug 2, 2021 Common Stock 53.2K $21.91 Direct F9
* 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 3 dated June 24, 2020 and filed on July 2, 2020, the Reporting Person received a grant of 19,011 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 6,464 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the August 1, 2018 RSU grant, 3,205 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 As reported on a Form 3 dated June 24, 2020 and filed on July 2, 2020, the Reporting Person received a grant of 11,038 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 3,643 shares of Mattel, Inc. Common Stock.
F4 Pursuant to the terms of the August 1, 2019 RSU grant, 1,807 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 33,753 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 11,138 shares of Mattel, Inc. Common Stock.
F6 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.
F7 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).
F8 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.
F9 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.