Steve Totzke - Apr 25, 2024 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
President, Chief Comm Officer
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Steve Totzke
Stock symbol
MAT
Transactions as of
Apr 25, 2024
Transactions value $
$351,249
Form type
4
Date filed
4/29/2024, 06:11 PM
Previous filing
Feb 7, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $351K +19.1K $18.39 19.1K Apr 25, 2024 By 401(k) Plan F1
holding MAT Common Stock 163K Apr 25, 2024 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 Award $0 +60.9K $0.00 60.9K Apr 25, 2024 Common Stock 60.9K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As of April 25, 2024, the Reporting Person had a balance of $351,312.61 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.
F2 The Restricted Stock Units ("RSUs" or "Units") were granted on April 25, 2024 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended (the "Plan"). Each Unit represents a contingent right to receive one share of Mattel, Inc. Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of such share).
F3 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 (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of one share of Common Stock on the date of vesting), subject to tax withholding.