Panteha Dixon - Oct 15, 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Accounting Officer
Signature
Pani Dixon by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2023
Transactions value $
-$66,564
Form type
4
Date filed
10/17/2023, 08:13 PM
Previous filing
Jul 18, 2023
Next filing
Jan 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +359 +1.55% $0.00 23.5K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$9.37K -178 -0.76% $52.62 23.3K Oct 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +411 +1.76% $0.00 23.8K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$10.7K -204 -0.86% $52.62 23.6K Oct 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.06K +4.51% $0.00 24.6K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$27.8K -528 -2.15% $52.62 24.1K Oct 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +716 +2.97% $0.00 24.8K Oct 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$18.7K -355 -1.43% $52.62 24.4K 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 -359 -33.33% $0.00 718 Oct 15, 2023 Common Stock 359 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -411 -14.27% $0.00 2.47K Oct 15, 2023 Common Stock 411 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.06K -10% $0.00 9.57K Oct 15, 2023 Common Stock 1.06K Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -716 -9.1% $0.00 7.16K Oct 15, 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.