SINCLAIR CHRISTOPHER A 4
4 · MATTEL INC /DE/ · Filed May 21, 2018
Insider Transaction Report
Form 4
SINCLAIR CHRISTOPHER A
Director
Transactions
- Exercise/Conversion
Restricted Stock Units
2018-05-17−50,710→ 0 total→ Common Stock (50,710 underlying) - Exercise/Conversion
Common Stock
2018-05-17+50,710→ 166,235 total - Tax Payment
Common Stock
2018-05-17$15.28/sh−12,556$191,856→ 153,679 total
Footnotes (2)
- [F1]As 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.
- [F2]Pursuant 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.