Amanda J. Thompson - Jul 31, 2023 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role: EVP & Chief People Officer
Signature: /s/ Tiffani Magri, Attorney-in-Fact for Amanda J. Thompson
Stock symbol: MAT
Transactions as of: Jul 31, 2023
Transactions value $: -$1,629,591
Form type: 4
Date filed: 8/2/2023, 05:18 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		+8.03K	+4.34%		193K	Jul 31, 2023	Direct	F1
transaction	MAT	Common Stock	Tax liability	-$84.9K	-3.98K	-2.06%	$21.30	189K	Jul 31, 2023	Direct	F2
transaction	MAT	Common Stock	Options Exercise	$640K	+57.6K	+30.46%	$11.11	247K	Jul 31, 2023	Direct
transaction	MAT	Common Stock	Sale	-$1.23M	-57.6K	-23.35%	$21.30	189K	Jul 31, 2023	Direct	F3
transaction	MAT	Common Stock	Sale	-$958K	-45K	-23.81%	$21.30	144K	Jul 31, 2023	Direct	F4

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	-8.03K	-100%	$0.00^*	0	Jul 31, 2023	Common Stock	8.03K		Direct	F1
transaction	MAT	Employee Stock Option - Right to Buy	Options Exercise	$0	-57.6K	-100%	$0.00^*	0	Jul 31, 2023	Common Stock	57.6K	$11.11	Direct

* 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 July 31, 2020 and filed on August 4, 2020, the Reporting Person received a grant of 23,627 Restricted Stock Units ("RSUs" or "Units") on July 31, 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 July 31, 2023, the remaining 34% of these RSUs vested, resulting in the issuance of 8,034 shares of Mattel, Inc. Common Stock.
F2	Pursuant to the terms of the July 31, 2020 RSU grant, 3,984 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3	This transaction was executed in multiple trades at prices ranging from $21.115 to $21.635. The price reported reflects the weighted average purchase price, rounded to the nearest tenth of a cent. The Reporting Person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.
F4	This transaction was executed in multiple trades at prices ranging from $21.115 to $21.620. The price reported reflects the weighted average purchase price, rounded to the nearest tenth of a cent. The Reporting Person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares and prices at which the transactions were effected.