Lynch Roger 4
4 · MATTEL INC /DE/ · Filed May 28, 2021
Insider Transaction Report
Form 4
Lynch Roger
Director
Transactions
- Award
Restricted Stock Units
2021-05-26+7,539→ 7,539 total→ Common Stock (7,539 underlying) - Award
Phantom Stock
2021-05-26$20.56/sh+2,797$57,506→ 2,797 total→ Common Stock (2,797 underlying)
Footnotes (4)
- [F1]The Restricted Stock Units ("RSUs") were granted on May 26, 2021, pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. Each RSU represents a contingent right to receive one share of Common Stock (or, at the election of Mattel, Inc., a cash amount equal to the fair market value of such share on the settlement date). The RSUs are accompanied by dividend equivalent rights.
- [F2]The RSUs are fully vested on the date of grant. Vested RSUs generally will be settled on the third anniversary of the date of grant. On the settlement date, for each vested RSU, the Reporting Person will receive one share of 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 settlement date).
- [F3]Distributions from the Reporting Person's phantom stock account will be in the form of shares of Common Stock equal in value to the value of the phantom stock account.
- [F4]The phantom stock units will be settled in shares of Common Stock following the Reporting Person's separation from service with Mattel, Inc.