Yoon J. Hugh - 02 Aug 2024 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Signature
/s/ Tiffani Magri, Attorney-in-Fact for Yoon J. Hugh
Issuer symbol
MAT
Transactions as of
02 Aug 2024
Net transactions value
-$19,658
Form type
4
Filing time
06 Aug 2024, 16:50:19 UTC
Previous filing
30 Apr 2024
Next filing
05 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAT Common Stock Options Exercise +2,910 +19% 18,106 02 Aug 2024 Direct F1
transaction MAT Common Stock Tax liability $19,658 -1,039 -5.7% $18.92 17,067 02 Aug 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 -2,910 -100% $0.000000* 0 02 Aug 2024 Common Stock 2,910 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 8,558 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 2,910 shares of Mattel, Inc. Common Stock.
F2 Pursuant to the terms of the August 2, 2021 RSU grant, 1,039 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.