Panteha Dixon - 15 Oct 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 Oct 2023
Net transactions value
-$66,564
Form type
4
Filing time
17 Oct 2023, 20:13:41 UTC
Previous filing
18 Jul 2023
Next filing
17 Jan 2024
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 +1.5% $0.000000 23,521 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $9,366 -178 -0.76% $52.62 23,343 15 Oct 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +411 +1.8% $0.000000 23,754 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $10,734 -204 -0.86% $52.62 23,550 15 Oct 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,063 +4.5% $0.000000 24,613 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $27,783 -528 -2.1% $52.62 24,085 15 Oct 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +716 +3% $0.000000 24,801 15 Oct 2023 Direct
transaction MRVL Common Stock Tax liability $18,680 -355 -1.4% $52.62 24,446 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 -359 -33% $0.000000 718 15 Oct 2023 Common Stock 359 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -411 -14% $0.000000 2,469 15 Oct 2023 Common Stock 411 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,063 -10% $0.000000 9,569 15 Oct 2023 Common Stock 1,063 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -716 -9.1% $0.000000 7,155 15 Oct 2023 Common Stock 716 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 restricted stock unit 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, 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.
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.