Dominic Ng - 25 May 2022 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
Director
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Dominic Ng
Issuer symbol
MAT
Transactions as of
25 May 2022
Net transactions value
+$130,011
Form type
4
Filing time
27 May 2022, 16:38:23 UTC
Previous filing
08 Mar 2022
Next filing
24 Jan 2023
SEC
View on sec.gov

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 +6,843 $0.000000 6,843 25 May 2022 Common Stock 6,843 Direct F1, F2
transaction MAT Phantom Stock Award $130,011 +5,740 +12% $22.65 53,075 25 May 2022 Common Stock 5,740 Direct F3, F4
* 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") were granted on May 25, 2022, pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs are accompanied by dividend equivalent rights.
F2 The RSUs are fully vested on the date of grant. Vested RSUs generally will be settled on the third anniversary of the date of grant. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Common Stock.
F3 Distributions from the Reporting Person's phantom stock account will be in the form of shares of Common Stock equal in value to the value of the phantom stock account.
F4 The phantom stock units will be settled in shares of Common Stock following the Reporting Person's separation from service with Mattel, Inc.