Executive Change · Shareholder Vote

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549     FORM 8-K     Current Report Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of Earliest Event Reported): May 26, 2021     MATTEL, INC. (Exact name of registrant as specified in its charter)       Delaware   001-05647   95-1567322 (State or other jurisdiction of incorporation)   (Commission File No.)   (I.R.S. Employer Identification No.)   333 Continental Boulevard , El Segundo , California   90245-5012 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code (310) 252-2000 N/A (Former name or former address, if changed since last report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common stock, $1.00 per share   MAT   The Nasdaq Global Select Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company   ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐       Section 5 – Corporate Governance and Management   Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensation Arrangements of Certain Officers. On May 26, 2021, at the annual meeting of stockholders (the “Annual Meeting”) of Mattel, Inc. (“Mattel”), Mattel’s stockholders approved the Fifth Amendment to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan (the “Plan Amendment”). The Plan Amendment, effective May 26, 2021, amends the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan (as amended, the “Plan”). The purpose of the Plan is to promote the interests of Mattel and its stockholders by enabling Mattel to offer an opportunity to employees, non-employee directors and consultants to receive grants of equity-based and cash-based incentive awards, so as to better attract, retain, and reward them, to align their interests with those of stockholders, and to provide them with an incentive for outstanding performance to generate superior returns to Mattel stockholders. The Plan Amendment increases the maximum number of shares that may be issued pursuant to the Plan by 5.7 million shares, enabling Mattel to continue to use the Plan as a critical tool to attract, motivate, reward, and retain its key employees and directors. In addition, the Plan Amendment revises the full-value share debiting rate for awards granted after March 1, 2021 from two and thirty-five-hundredths-to-one (2.35:1) to one and ninety-hundredths-to-one (1.90:1). The foregoing summary description of the Plan Amendment is qualified in its entirety by reference to the actual terms of the Plan Amendment, a copy of which is attached as Appendix A to Mattel’s Definitive Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission on April 13, 2021 (the “Proxy Statement”).   Item 5.07. Submission of Matters to a Vote of Security Holders. The Annual Meeting was held on May 26, 2021. All of the nominees for director listed in Proposal 1 in the Proxy Statement were elected by a majority of the votes cast, as follows:   Name of Nominee    Votes Cast “FOR”      Votes Cast “AGAINST”      Abstentions      Broker Non-Votes   R. Todd Bradley      267,986,325        45,030,119        202,684        14,901,906   Adriana Cisneros      311,500,408        1,524,288        194,432        14,901,906   Michael Dolan      306,953,285        6,067,576        198,267        14,901,906   Diana Ferguson      311,804,296        1,221,939        192,893        14,901,906   Ynon Kreiz      306,176,833        6,711,170        331,125        14,901,906   Soren Laursen      311,523,076        1,493,856        202,196        14,901,906   Ann Lewnes      311,406,318        1,616,047        196,763        14,901,906   Roger Lynch      312,354,416        656,900        207,812        14,901,906   Dominic Ng      310,874,698        2,148,617        195,813        14,901,906   Dr. Judy Olian      309,791,094        3,235,542        192,492        14,901,906   Proposal 2, a proposal to ratify the selection of PricewaterhouseCoopers LLP as Mattel’s independent registered public accounting firm for the year ending December 31, 2021, was approved by the following vote:   Votes Cast “FOR”   Votes Cast “AGAINST”   Abstentions   Broker Non-Votes 323,203,268   4,605,802   311,964   N/A Proposal 3, a proposal to approve, on a non-binding, advisory basis, the compensation of Mattel’s named executive officers, was approved by the following vote:   Votes Cast “FOR”   Votes Cast “AGAINST”   Abstentions   Broker Non-Votes 289,500,671   23,408,535   309,922   14,901,906 Proposal 4, a proposal to approve the Fifth Amendment to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, was approved by the following vote:   Votes Cast “FOR”   Votes Cast “AGAINST”   Abstentions   Broker Non-Votes 300,444,108   12,466,958   308,062   14,901,906 Item 9.01. Financial Statements and Exhibits. (d) Exhibits:             Incorporated by Reference   Exhibit No.    Exhibit Description    Form      File No.      Exhibit(s)      Filing Date   10.1    Fifth Amendment to Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan      DEF 14A        001-05647        Appendix A        April 13, 2021   104    Cover Page Interactive Data File (embedded within the Inline XBRL Document)             SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       MATTEL, INC. Dated: May 27, 2021     By:   /s/ Jonathan Anschell     Name:   Jonathan Anschell     Title:   Executive Vice President, Chief Legal Officer and Secretary