AI assistant
MATTEL INC /DE/ — Director's Dealing 2023
Aug 2, 2023
30976_dirs_2023-08-02_743b3b37-a25d-4305-9092-7eae3c436819.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: MATTEL INC /DE/ (MAT)
CIK: 0000063276
Period of Report: 2023-07-31
Reporting Person: Dickson Richard (Pres & Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-31 | Common Stock | M | 34429 | — | Acquired | 682448 | Direct |
| 2023-07-31 | Common Stock | F | 17141 | $21.30 | Disposed | 665307 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-31 | Restricted Stock Units | $ | M | 34429 | Disposed | Common Stock (34429.0) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 8812 | Indirect |
Footnotes
F1: As reported on a Form 4 dated July 31, 2020 and filed on August 4, 2020, the Reporting Person received a grant of 101,260 Restricted Stock Units ("RSUs" or "Units") on July 31, 2020. 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 July 31, 2023, the remaining 34% of these RSUs vested, resulting in the issuance of 34,429 shares of Mattel, Inc. Common Stock.
F2: Pursuant to the terms of the July 31, 2020 RSU grant, 17,141 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3: As of August 1, 2023, the Reporting Person had a balance of $187,441.66 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.