This excerpt taken from the MAT DEF 14A filed Apr 13, 2006.
LONG-TERM INCENTIVE PLANS(1)
Name
Number of
Shares, Units
or Other Rights
(#)
Performance
or Other
Period Until Maturation
or Payout
Estimated Future Payouts under
Non-Stock Price-Based Plans
Threshold
($)
Target
($)
Maximum
($)
Robert A. Eckert
12/31/07
3,000,000
6,000,000
12,000,000
Thomas A. Debrowski
12/31/07
750,000
1,500,000
3,000,000
Kevin M. Farr
12/31/07
750,000
1,500,000
3,000,000
Neil B. Friedman
12/31/07
1,250,000
2,500,000
5,000,000
Bryan G. Stockton
12/31/07
750,000
1,500,000
3,000,000
Matthew C. Bousquette
12/31/07
1,250,000
2,500,000
5,000,000
(1)
The table provides information regarding a performance cycle under Mattels LTIP that began in 2005. In March 2005, the Compensation Committee established the performance
targets for the January 1, 2005-December 31, 2007 performance cycle. For the 2005-2007 cycle, the Compensation Committee based the performance targets on net operating profit after taxes less a capital charge. In March 2005, the
Compensation Committee established the level of each executives participation and threshold, target and maximum levels for the performance criteria that have to be achieved before payments will be made under the LTIP at the threshold, target
and maximum payout levels. These performance criteria included criteria for (a) a cumulative payment based on cumulative financial performance over the entire 2005-2007 performance cycle; and (b) if there is no cumulative payment, a
payment at a reduced rate based upon financial performance during fiscal year 2007.
This excerpt taken from the MAT DEF 14A filed Apr 13, 2005.
LONG-TERM INCENTIVE PLANS (1)
Name
Number of
Shares, Units
or Other Rights
(#)
Performance
or Other
Period Until Maturation
or Payout
Estimated Future Payouts under
Non-Stock Price-Based Plans
Threshold
($)
Target
($)
Maximum
($)
Robert A. Eckert
12/31/06
3,000,000
6,000,000
12,000,000
Matthew C. Bousquette
12/31/06
1,250,000
2,500,000
5,000,000
Thomas A. Debrowski
12/31/06
750,000
1,500,000
3,000,000
Kevin M. Farr
12/31/06
750,000
1,500,000
3,000,000
Neil B. Friedman
12/31/06
1,250,000
2,500,000
5,000,000
(1)
The table provides information regarding a performance cycle under Mattels LTIP that began in 2003. In March 2003, the Compensation Committee established the performance
targets for the January 1, 2003-December 31, 2006 performance cycle. For the 2003-2006 cycle, the Compensation Committee based the performance targets on net operating profit after taxes less a capital charge. In March 2003, the Compensation
Committee established the level of each executives participation and threshold, target and maximum levels for the performance criteria that had to be achieved before incentive payments would be awarded under the LTIP at the threshold, target
and maximum payout levels. These performance criteria included criteria for an interim payment based upon financial performance during the January 1, 2003-December 31, 2004 portion of the 2003-2006 performance cycle. The performance criteria for an
interim payment were not satisfied, and thus no interim payment was made with regard to the January 1, 2003-December 31, 2004 portion of the 2003-2006 performance cycle.