Jonathan Anschell - Apr 28, 2024 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role
EVP Chief Legal Officer & Sec
Signature
/s/ Tiffani Magri, Attorney-in-Fact for Jonathan Anschell
Stock symbol
MAT
Transactions as of
Apr 28, 2024
Transactions value $
-$183,999
Form type
4
Date filed
4/30/2024, 05:53 PM
Previous filing
Apr 29, 2024
Next filing
Aug 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +13.1K +30.85% 55.6K Apr 28, 2024 Direct F1
transaction MAT Common Stock Tax liability -$122K -6.64K -11.95% $18.36 49K Apr 28, 2024 Direct F2
transaction MAT Common Stock Options Exercise +6.62K +13.52% 55.6K Apr 29, 2024 Direct F3
transaction MAT Common Stock Tax liability -$62K -3.35K -6.03% $18.49 52.2K Apr 29, 2024 Direct F4

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 -13.1K -33% $0.00 26.6K Apr 28, 2024 Common Stock 13.1K Direct F1
transaction MAT Restricted Stock Units Options Exercise $0 -6.62K -49.25% $0.00 6.82K Apr 29, 2024 Common Stock 6.62K Direct F3
* 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 April 28, 2023 and filed on May 2, 2023, the Reporting Person received a grant of 39,722 Restricted Stock Units ("RSUs" or "Units") on April 28, 2023. 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 April 28, 2024, the first 33% of these RSUs vested, resulting in the issuance of 13,108 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the April 28, 2023 RSU grant, 6,644 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 As reported on a Form 4 dated April 29, 2022 and filed on May 3, 2022, the Reporting Person received a grant of 20,053 RSUs on April 29, 2022. 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 April 29, 2024, the second 33% of these RSUs vested, resulting in the issuance of 6,617 shares of Mattel, Inc. Common Stock.
F4 Pursuant to the terms of the April 29, 2022 RSU grant, 3,354 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.