Steve Totzke - Aug 2, 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
Aug 2, 2024
Transactions value $
-$74,412
Form type
4
Date filed
8/6/2024, 04:46 PM
Previous filing
May 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +7.76K +7.62% 110K Aug 2, 2024 Direct F1
transaction MAT Common Stock Tax liability -$74.4K -3.93K -3.59% $18.92 106K Aug 2, 2024 Direct F2
holding MAT Common Stock 19.1K Aug 2, 2024 In 401(k) F3

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 -7.76K -100% $0.00* 0 Aug 2, 2024 Common Stock 7.76K 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 22,821 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 7,760 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the August 2, 2021 RSU grant, 3,933 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3 As of August 5, 2024, the Reporting Person had a balance of $349,907.83 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.