(MAT)

Role: SVP & Corporate Controller
Signature: /s/ Tiffani Magri, Attorney-in-Fact for Yoon J. Hugh
Stock symbol: MAT
Transactions as of: Aug 2, 2023
Transactions value $: -$228,820
Form type: 4
Date filed: 8/4/2023, 07:04 PM
Previous filing: Aug 2, 2023
Next filing: Aug 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAT	Common Stock	Options Exercise		+2.82K	+11.83%		26.7K	Aug 2, 2023	Direct	F1
transaction	MAT	Common Stock	Tax liability	-$20.8K	-977	-3.66%	$21.25	25.7K	Aug 2, 2023	Direct	F2
transaction	MAT	Common Stock	Sale	-$208K	-9.79K	-38.08%	$21.25	15.9K	Aug 3, 2023	Direct

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	-2.82K	-49.25%	$0.00	2.91K	Aug 2, 2023	Common Stock	2.82K		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 July 31, 2021 and filed on August 3, 2021, the Reporting Person received a grant of 8,558 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 2,824 shares of Mattel, Inc. Common Stock.
F2	Pursuant to the terms of the August 2, 2021 RSU grant, 977 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

Content

As reported on a Form 4 dated July 31, 2021 and filed on August 3, 2021, the Reporting Person received a grant of 8,558 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 2,824 shares of Mattel, Inc. Common Stock.

Pursuant to the terms of the August 2, 2021 RSU grant, 977 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.