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

Role
EVP, Storage Products Group
Signature
Dan Christman by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 15, 2023
Transactions value $
-$249,295
Form type
4
Date filed
7/18/2023, 09:50 PM
Previous filing
Jul 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.61K +137.71% $0.00 2.79K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$50.8K -801 -28.75% $63.45 1.99K Jul 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.19K +110.18% $0.00 4.17K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$68.8K -1.09K -26.01% $63.45 3.09K Jul 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +684 +22.16% $0.00 3.77K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$21.6K -340 -9.02% $63.45 3.43K Jul 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.43K +100.09% $0.00 6.87K Jul 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$108K -1.7K -24.81% $63.45 5.16K Jul 15, 2023 Direct F1
holding MRVL Common Stock 101K Jul 15, 2023 By Trust 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 -1.61K -24.99% $0.00 4.84K Jul 15, 2023 Common Shares 1.61K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.19K -12.5% $0.00 15.3K Jul 15, 2023 Common Shares 2.19K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -684 -12.51% $0.00 4.78K Jul 15, 2023 Common Shares 684 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3.43K -8.33% $0.00 37.8K Jul 15, 2023 Common Shares 3.43K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2 Shares are held in the Christman Family Trust, U/A DTD dated 02/02/2011, of which Daniel S. Christman is the trustee.
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, 01/15/2026 and 04/15/2026.