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 | +8.59K | $0.00 | 8.59K | May 15, 2023 | Common Stock | 8.59K | Direct | F1, F2 | ||
transaction | MAT | Phantom Stock | Award | $130K | +6.77K | +9.32% | $19.20 | 79.4K | May 15, 2023 | Common Stock | 6.77K | Direct | F3, F4 |
Id | Content |
---|---|
F1 | The Restricted Stock Units ("RSUs") were granted on May 15, 2023, 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 (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of such share on the settlement date). 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 (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of one share of Common Stock on the settlement date). |
F3 | Distributions from the Reporting Person's phantom stock account will be in the form of shares of Mattel, Inc. Common Stock equal in value to the value of the phantom stock account. |
F4 | The phantom stock units will be settled in shares of Mattel, Inc. Common Stock following the Reporting Person's separation from service with Mattel, Inc. |