Willem A. Meintjes - 15 Oct 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Financial Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2023
Net transactions value
-$157,755
Form type
4
Filing time
17 Oct 2023, 19:53:12 UTC
Previous filing
18 Jul 2023
Next filing
21 Dec 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 +538 +0.54% $0.000000 100,977 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $11,419 -217 -0.21% $52.62 100,760 15 Oct 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +765 +0.76% $0.000000 101,525 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $16,470 -313 -0.31% $52.62 101,212 15 Oct 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,552 +2.5% $0.000000 103,764 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $55,514 -1,055 -1% $52.62 102,709 15 Oct 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,434 +3.3% $0.000000 106,143 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $74,352 -1,413 -1.3% $52.62 104,730 15 Oct 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% $0.000000 1,077 15 Oct 2023 Common Stock 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -765 -14% $0.000000 4,593 15 Oct 2023 Common Stock 765 Direct F2, F4
transaction MRVL Restricted Share Units Options Exercise $0 -2,552 -10% $0.000000 22,963 15 Oct 2023 Common Shares 2,552 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3,434 -9.1% $0.000000 34,342 15 Oct 2023 Common Stock 3,434 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.