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

Role
SVP & Corporate Controller
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Yoon J. Hugh
Stock symbol
MAT
Transactions as of
Jul 31, 2023
Transactions value $
-$735,036
Form type
4
Date filed
8/2/2023, 05:20 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 +5.17K +14.12% 41.8K Jul 31, 2023 Direct F1
transaction MAT Common Stock Tax liability -$38.1K -1.79K -4.28% $21.30 40K Jul 31, 2023 Direct F2
transaction MAT Common Stock Options Exercise $202K +16.6K +41.43% $12.19 56.5K Jul 31, 2023 Direct
transaction MAT Common Stock Sale -$354K -16.6K -29.29% $21.36 40K Jul 31, 2023 Direct F3
transaction MAT Common Stock Options Exercise $133K +9.79K +24.48% $13.59 49.7K Jul 31, 2023 Direct
transaction MAT Common Stock Sale -$210K -9.79K -19.67% $21.46 40K Jul 31, 2023 Direct F4
transaction MAT Common Stock Options Exercise $137K +12.3K +30.87% $11.11 52.3K Jul 31, 2023 Direct
transaction MAT Common Stock Sale -$264K -12.3K -23.59% $21.39 40K Jul 31, 2023 Direct F5
transaction MAT Common Stock Sale -$341K -16.1K -40.28% $21.20 23.9K Aug 1, 2023 Direct F6

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 -5.17K -100% $0.00* 0 Jul 31, 2023 Common Stock 5.17K Direct F1
transaction MAT Employee Stock Option - Right to Buy Options Exercise $0 -16.6K -100% $0.00* 0 Jul 31, 2023 Common Stock 16.6K $12.19 Direct
transaction MAT Employee Stock Option - Right to Buy Options Exercise $0 -9.79K -100% $0.00* 0 Jul 31, 2023 Common Stock 9.79K $13.59 Direct
transaction MAT Employee Stock Option - Right to Buy Options Exercise $0 -12.3K -100% $0.00* 0 Jul 31, 2023 Common Stock 12.3K $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 15,189 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 5,165 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the July 31, 2020 RSU grant, 1,787 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 $21.360 to $21.400. 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 $21.460 to $21.465. 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.
F5 This transaction was executed in multiple trades at prices ranging from $21.390 to $21.400. 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.
F6 This transaction was executed in multiple trades at prices ranging from $21.195 to $21.205. 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.