Anthony Disilvestro - Jun 30, 2023 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Signature
/s/ Tiffani Magri, Attorney-in-fact for Anthony DiSilvestro
Stock symbol
MAT
Transactions as of
Jun 30, 2023
Transactions value $
-$157,356
Form type
4
Date filed
7/5/2023, 04:47 PM
Previous filing
May 2, 2023
Next filing
Aug 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +18.5K +15.86% 135K Jun 30, 2023 Direct F1
transaction MAT Common Stock Tax liability -$157K -8.05K -5.97% $19.54 127K Jun 30, 2023 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 -18.5K -100% $0.00* 0 Jun 30, 2023 Common Stock 18.5K 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 June 30, 2020 and filed on July 2, 2020, the Reporting Person received a grant of 54,292 Restricted Stock Units ("RSUs" or "Units") on June 30, 2020. 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 June 30, 2023, the final 34% of these RSUs vested, resulting in the issuance of 18,460 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the June 30, 2020 RSU grant, 8,053 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.