Willem A. Meintjes - 15 Jul 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Financial Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2023
Net transactions value
-$190,287
Form type
4
Filing time
18 Jul 2023, 17:10:15 UTC
Previous filing
18 Apr 2023
Next filing
17 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +538 +0.56% $0.000000 96,687 15 Jul 2023 Direct F1
transaction MRVL Common Stock Tax liability $13,769 -217 -0.22% $63.45 96,470 15 Jul 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +766 +0.79% $0.000000 97,236 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $19,796 -312 -0.32% $63.45 96,924 15 Jul 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2,551 +2.6% $0.000000 99,475 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $67,067 -1,057 -1.1% $63.45 98,418 15 Jul 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +3,434 +3.5% $0.000000 101,852 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $89,655 -1,413 -1.4% $63.45 100,439 15 Jul 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRVL Restricted Stock Units Options Exercise $0 -538 -25% $0.000000 1,615 15 Jul 2023 Common Stock 538 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -766 -13% $0.000000 5,358 15 Jul 2023 Common Stock 766 Direct F3, F5
transaction MRVL Restricted Share Units Options Exercise $0 -2,551 -9.1% $0.000000 25,515 15 Jul 2023 Common Shares 2,551 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -3,434 -8.3% $0.000000 37,776 15 Jul 2023 Common Stock 3,434 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 600 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2023.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs will vest on 10/15/2023, 01/15/2024 and 04/15/2024.
F5 The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F6 The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025 and 01/15/2026.
F7 The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.