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

Role
Chief Accounting Officer
Signature
Pani Dixon by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2023
Net transactions value
-$80,328
Form type
4
Filing time
18 Jul 2023, 20:54:30 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 +359 +1.6% $0.000000 22,238 15 Jul 2023 Direct F1
transaction MRVL Common Stock Tax liability $11,294 -178 -0.8% $63.45 22,060 15 Jul 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +412 +1.9% $0.000000 22,472 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $13,007 -205 -0.91% $63.45 22,267 15 Jul 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +1,063 +4.8% $0.000000 23,330 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $33,502 -528 -2.3% $63.45 22,802 15 Jul 2023 Direct F2
transaction MRVL Common Stock Options Exercise $0 +715 +3.1% $0.000000 23,517 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $22,525 -355 -1.5% $63.45 23,162 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 -359 -25% $0.000000 1,077 15 Jul 2023 Common Stock 359 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -412 -13% $0.000000 2,880 15 Jul 2023 Common Stock 412 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -1,063 -9.1% $0.000000 10,632 15 Jul 2023 Common Stock 1,063 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -715 -8.3% $0.000000 7,871 15 Jul 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.