RICHARD DICKSON - 02 Aug 2023 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
Pres & Chief Operating Officer
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Richard Dickson
Issuer symbol
MAT
Transactions as of
02 Aug 2023
Net transactions value
-$179,371
Form type
4
Filing time
04 Aug 2023, 19:00:35 UTC
Previous filing
02 Aug 2023
Next filing
24 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +16,944 +2.5% 682,251 02 Aug 2023 Direct F1
transaction MAT Common Stock Tax liability $179,371 -8,441 -1.2% $21.25 673,810 02 Aug 2023 Direct F2
holding MAT Common Stock 8,812 02 Aug 2023 In 401(k) F3

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 -16,944 -49% $0.000000 17,458 02 Aug 2023 Common Stock 16,944 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

RICHARD DICKSON is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 As reported on a Form 4 dated July 31, 2021 and filed on August 3, 2021, the Reporting Person received a grant of 51,346 Restricted Stock Units ("RSUs" or "Units") on August 2, 2021. 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 August 2, 2023, the second 33% of these RSUs vested, resulting in the issuance of 16,944 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the August 2, 2021 RSU grant, 8,441 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 As of August 3, 2023, the Reporting Person had a balance of $180,656.04 in the Mattel Stock Fund of Mattel, Inc.'s 401(k) plan, the Personal Investment Plan ("PIP"). The number of shares has been calculated by the third-party administrator for the PIP.