| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MRVL | Common Stock | Sale | -$850K | -13.4K | -41.6% | $63.25 | 18.9K | Jul 12, 2023 | By Trust | F1, F2, F3 |
| holding | MRVL | Common Stock | 83.3K | Jul 12, 2023 | Direct |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 01/09/2023. |
| F2 | Includes 600 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2023. |
| F3 | Shares are held in the Christman Family Trust, U/A DTD dated 02/02/2011, of which Daniel S. Christman is the trustee. |