Dan Christman - 15 Jul 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
Issuer symbol
MRVL
Transactions as of
15 Jul 2023
Net transactions value
-$249,295
Form type
4
Filing time
18 Jul 2023, 21:50:21 UTC
Previous filing
13 Jul 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 +1,614 +138% $0.000000 2,786 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $50,823 -801 -29% $63.45 1,985 15 Jul 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,187 +110% $0.000000 4,172 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $68,843 -1,085 -26% $63.45 3,087 15 Jul 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +684 +22% $0.000000 3,771 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $21,573 -340 -9% $63.45 3,431 15 Jul 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,434 +100% $0.000000 6,865 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $108,055 -1,703 -25% $63.45 5,162 15 Jul 2023 Direct F1
holding MRVL Common Stock 100,994 15 Jul 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 -1,614 -25% $0.000000 4,844 15 Jul 2023 Common Shares 1,614 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,187 -12% $0.000000 15,309 15 Jul 2023 Common Shares 2,187 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -684 -13% $0.000000 4,784 15 Jul 2023 Common Shares 684 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3,434 -8.3% $0.000000 37,776 15 Jul 2023 Common Shares 3,434 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.