Jonathan Anschell - Jan 29, 2022 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Signature
/s/ Tiffani Magri, Attorney-in-fact for Jonathan Anschell
Stock symbol
MAT
Transactions as of
Jan 29, 2022
Transactions value $
-$49,930
Form type
4
Date filed
2/1/2022, 06:20 PM
Previous filing
Aug 3, 2021
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +6.15K 6.15K Jan 29, 2022 Direct F1
transaction MAT Common Stock Tax liability -$49.9K -2.39K -38.87% $20.90 3.76K Jan 29, 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 -6.15K -33% $0.00 12.5K Jan 29, 2022 Common Stock 6.15K 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 January 29, 2021 and filed on February 2, 2021, the Reporting Person received a grant of 18,626 Restricted Stock Units ("RSUs" or "Units") on January 29, 2021. 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 January 29, 2022, the first 33% of these RSUs vested, resulting in the issuance of 6,146 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the January 29, 2021 RSU grant, 2,389 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.