Jonathan Anschell - Jan 29, 2024 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Signature
/s/ Tiffani Magri, Attorney-in-Fact for Jonathan Anschell
Stock symbol
MAT
Transactions as of
Jan 29, 2024
Transactions value $
-$47,101
Form type
4
Date filed
1/31/2024, 05:39 PM
Previous filing
Aug 4, 2023
Next filing
Feb 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +6.33K +31.19% 26.6K Jan 29, 2024 Direct F1
transaction MAT Common Stock Tax liability -$47.1K -2.57K -9.65% $18.32 24.1K Jan 29, 2024 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 -6.33K -100% $0.00* 0 Jan 29, 2024 Common Stock 6.33K 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 January 29, 2021 and filed on February 2, 2021, the Reporting Person received a grant of 18,626 Restricted Stock Units ("RSUs" or "Units") on January 29, 2021. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On January 29, 2024, the remaining 34% of these RSUs vested, resulting in the issuance of 6,333 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the January 29, 2021 RSU grant, 2,571 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.