Jonathan Anschell - Aug 2, 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
Aug 2, 2024
Transactions value $
-$72,558
Form type
4
Date filed
8/6/2024, 04:39 PM
Previous filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +7.57K +14.49% 59.8K Aug 2, 2024 Direct F1
transaction MAT Common Stock Tax liability -$72.6K -3.84K -6.41% $18.92 56K Aug 2, 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 -7.57K -100% $0.00* 0 Aug 2, 2024 Common Stock 7.57K 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 August 2, 2021 and filed on August 3, 2021, the Reporting Person received a grant of 22,250 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, 2024, the final 34% of these RSUs vested, resulting in the issuance of 7,566 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the August 2, 2021 RSU grant, 3,835 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.