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

Role
Chief Accounting Officer
Signature
Pani Dixon by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 15, 2023
Transactions value $
-$80,328
Form type
4
Date filed
7/18/2023, 08:54 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 +359 +1.64% $0.00 22.2K Jul 15, 2023 Direct F1
transaction MRVL Common Stock Tax liability -$11.3K -178 -0.8% $63.45 22.1K Jul 15, 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +412 +1.87% $0.00 22.5K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$13K -205 -0.91% $63.45 22.3K Jul 15, 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +1.06K +4.77% $0.00 23.3K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$33.5K -528 -2.26% $63.45 22.8K Jul 15, 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +715 +3.14% $0.00 23.5K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$22.5K -355 -1.51% $63.45 23.2K 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 -359 -25% $0.00 1.08K Jul 15, 2023 Common Stock 359 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -412 -12.52% $0.00 2.88K Jul 15, 2023 Common Stock 412 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -1.06K -9.09% $0.00 10.6K Jul 15, 2023 Common Stock 1.06K Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -715 -8.33% $0.00 7.87K Jul 15, 2023 Common Stock 715 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 restricted stock unit 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.