Willem Meintjes - Oct 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
Oct 15, 2023
Transactions value $
-$157,755
Form type
4
Date filed
10/17/2023, 07:53 PM
Previous filing
Jul 18, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +538 +0.54% $0.00 101K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$11.4K -217 -0.21% $52.62 101K Oct 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +765 +0.76% $0.00 102K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$16.5K -313 -0.31% $52.62 101K Oct 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.55K +2.52% $0.00 104K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$55.5K -1.06K -1.02% $52.62 103K Oct 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.43K +3.34% $0.00 106K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$74.4K -1.41K -1.33% $52.62 105K Oct 15, 2023 Direct F1

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 -33.31% $0.00 1.08K Oct 15, 2023 Common Stock 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -765 -14.28% $0.00 4.59K Oct 15, 2023 Common Stock 765 Direct F2, F4
transaction MRVL Restricted Share Units Options Exercise $0 -2.55K -10% $0.00 23K Oct 15, 2023 Common Shares 2.55K Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3.43K -9.09% $0.00 34.3K Oct 15, 2023 Common Stock 3.43K Direct F2, 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 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs will vest on 01/15/2024 and 04/15/2024.
F4 The remaining RSUs will vest on 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F5 The remaining RSUs will vest on 01/15/2024.
F6 The remaining RSUs will vest on 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.