MAT · Mattel Inc /De/

Pursuant to the terms of the May 30, 2025 RSU grant, 8,671 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

As reported on a Form 4 dated May 30, 2025 and filed on June 3, 2025, the Reporting Person received a grant of 200,634 RSUs on May 30, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 29, 2026, the first 33% of these RSUs vested, resulting in the issuance of 66,209 shares of Mattel, Inc. Common Stock.

Pursuant to the terms of the May 31, 2024 RSU grant, 5,991 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

As reported on a Form 4 dated May 31, 2024 and filed on June 4, 2024, the Reporting Person received a grant of 50,590 Restricted Stock Units ("RSUs" or "Units") on May 31, 2024. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 29, 2026, the second 33% of these RSUs vested, resulting in the issuance of 16,695 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 30, 2025 and filed on June 3, 2025, the Reporting Person received a grant of 74,578 Restricted Stock Units ("RSUs" or "Units") on May 30, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 29, 2026, the first 33% of these RSUs vested, resulting in the issuance of 24,610 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 31, 2024 and filed on June 4, 2024, the Reporting Person received a grant of 50,590 Restricted Stock Units ("RSUs" or "Units") on May 31, 2024. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 29, 2026, the second 33% of these RSUs vested, resulting in the issuance of 16,695 shares of Mattel, Inc. Common Stock.

Pursuant to the terms of the May 30, 2025 RSU grant, 31,360 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

As reported on a Form 4 dated May 30, 2025 and filed on June 3, 2025, the Reporting Person received a grant of 200,634 RSUs on May 30, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 29, 2026, the first 33% of these RSUs vested, resulting in the issuance of 66,209 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 30, 2025 and filed on June 3, 2025, the Reporting Person received a grant of 74,578 Restricted Stock Units ("RSUs" or "Units") on May 30, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 29, 2026, the first 33% of these RSUs vested, resulting in the issuance of 24,610 shares of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

Distributions from the Reporting Person's phantom stock account will be in the form of shares of Mattel, Inc. Common Stock equal in value to the value of the phantom stock account.

The phantom stock units will be settled in shares of Mattel, Inc. Common Stock following the Reporting Person's separation from service with Mattel, Inc.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 28, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The RSUs are accompanied by dividend equivalent rights.

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 or such later date in accordance with the terms of the Mattel, Inc. Deferred Compensation Plan for Non-Employee Directors. On the settlement date, for each vested RSU, the Reporting Person will receive one share of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

Pursuant to the terms of the May 15, 2023 RSU grant, 1,719 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 15, 2023 and filed on May 17, 2023, the Reporting Person received a grant of 8,594 Restricted Stock Units ("RSUs") on May 15, 2023. The RSUs were fully vested on the grant date and are settled on the third anniversary of the grant date. On May 15, 2026, 100% of these RSUs were settled, resulting in the issuance of 8,594 shares of Mattel Common Stock.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 13,387 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 4,417 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 53,787 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 17,749 shares of Mattel, Inc. Common Stock.

Pursuant to the terms of the May 7, 2025 RSU grant, 1,585 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

Pursuant to the terms of the May 7, 2025 RSU grant, 9,031 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

Pursuant to the terms of the May 7, 2025 RSU grant, 26,062 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 53,787 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 17,749 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 44,464 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 14,673 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 155,221 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 51,222 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 13,387 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 4,417 shares of Mattel, Inc. Common Stock.

Pursuant to the terms of the May 7, 2025 RSU grant, 7,466 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 155,221 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 51,222 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 22,949 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 7,573 shares of Mattel, Inc. Common Stock.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 44,464 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 14,673 shares of Mattel, Inc. Common Stock.

Pursuant to the terms of the May 7, 2025 RSU grant, 2,718 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.

As reported on a Form 4 dated May 7, 2025 and filed on May 9, 2025, the Reporting Person received a grant of 22,949 Restricted Stock Units ("RSUs" or "Units") on May 7, 2025. The RSUs vest 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 will receive one share of Mattel, Inc. Common Stock, subject to tax withholding. On May 7, 2026, the first 33% of these RSUs vested, resulting in the issuance of 7,573 shares of Mattel, Inc. Common Stock.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 1, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended (the "Plan"). Each Unit represents a contingent right to 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 such share).

The RSUs vest 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 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.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 1, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended (the "Plan"). Each Unit represents a contingent right to 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 such share).

The RSUs vest 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 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.

The Restricted Stock Units ("RSUs" or "Units") were granted on May 1, 2026 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended (the "Plan"). Each Unit represents a contingent right to 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 such share).

The RSUs vest 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 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.