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

Role
Chief Financial Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 15, 2023
Transactions value $
-$190,287
Form type
4
Date filed
7/18/2023, 05:10 PM
Previous filing
Apr 18, 2023
Next filing
Oct 17, 2023

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% $0.00 96.7K Jul 15, 2023 Direct F1
transaction MRVL Common Stock Tax liability -$13.8K -217 -0.22% $63.45 96.5K Jul 15, 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +766 +0.79% $0.00 97.2K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$19.8K -312 -0.32% $63.45 96.9K Jul 15, 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2.55K +2.63% $0.00 99.5K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$67.1K -1.06K -1.06% $63.45 98.4K Jul 15, 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +3.43K +3.49% $0.00 102K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$89.7K -1.41K -1.39% $63.45 100K Jul 15, 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 -24.99% $0.00 1.62K Jul 15, 2023 Common Stock 538 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -766 -12.51% $0.00 5.36K Jul 15, 2023 Common Stock 766 Direct F3, F5
transaction MRVL Restricted Share Units Options Exercise $0 -2.55K -9.09% $0.00 25.5K Jul 15, 2023 Common Shares 2.55K Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -3.43K -8.33% $0.00 37.8K Jul 15, 2023 Common Stock 3.43K 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.