Anthony Disilvestro - Apr 29, 2022 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
Chief Financial Officer
Signature
/s/ Tiffani Magri, Attorney-in-fact for Anthony DiSilvestro
Stock symbol
MAT
Transactions as of
Apr 29, 2022
Transactions value $
$0
Form type
4
Date filed
5/3/2022, 08:03 PM
Previous filing
Aug 3, 2021
Next filing
Jul 5, 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 +38.6K $0.00 38.6K Apr 29, 2022 Common Stock 38.6K Direct F1, F2
transaction MAT Employee Stock Option - Right to Buy Award $0 +27.1K $0.00 27.1K Apr 29, 2022 Common Stock 27.1K $24.31 Direct F3
* 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" or "Units") were granted on April 29, 2022 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).
F2 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.
F3 The option was granted on April 29, 2022 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.