Roberto Jacobo Isaias Zanatta - 28 Feb 2022 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Signature
/s/ Tiffani Magri, Attorney-in-Fact for Roberto Jacobo Isaias Zanatta
Issuer symbol
MAT
Transactions as of
28 Feb 2022
Net transactions value
-$36,521
Form type
4
Filing time
02 Mar 2022, 16:32:12 UTC
Previous filing
16 Feb 2022
Next filing
03 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +2,948 +5% 61,983 28 Feb 2022 Direct F1
transaction MAT Common Stock Tax liability $36,521 -1,462 -2.4% $24.98 60,521 28 Feb 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 -2,948 -100% $0.000000* 0 28 Feb 2022 Common Stock 2,948 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 February 28, 2019 and filed on March 4, 2019, the Reporting Person received a grant of 8,669 Restricted Stock Units ("RSUs" or "Units") on February 28, 2019. 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 February 28, 2022, the final 34% of these RSUs vested, resulting in the issuance of 2,948 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the February 28, 2019 RSU grant, 1,462 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.