SEC Form 4 · accession 0001523711-18-000036
MATTEL INC /DE/ · MAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher A Sinclair
Officer — Former Executive Chairman · Director
Period of report
May 17, 2018
Accepted (ET)
May 21, 2018 · 2:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000063276
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 17, 2018 | M | 50,710 | — | A | 166,235 | D | |
| Common StockF2 | May 17, 2018 | F | 12,556 | $15.28 | D | 153,679 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | May 17, 2018 | M | 50,710 | D | — | — | Common Stock | 50,710 | 0 | D |
Explanation of responses
- F1As reported on a Form 4 dated August 1, 2017 and filed on August 3, 2017, the Reporting Person received a grant of 50,710 Restricted Stock Units ("RSUs" or "Units") on August 1, 2017. The RSUs vest as to 100% of the Units granted on the date of Mattel's 2018 Annual Meeting of Stockholders (May 17,2018). On the vesting date, for each Unit vesting on such date, the Reporting Person will receive one share of Mattel, Inc. Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of one share of Common Stock on the date of vesting), subject to tax withholding. On May 17, 2018, 100% of these RSUs vested, resulting in the issuance of 50,710 shares of Mattel, Inc. Common Stock.
- F2Pursuant to the terms of the August 1, 2017 RSU grant, 12,556 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.