Panteha Dixon - 15 Jan 2024 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 Jan 2024
Net transactions value
-$92,018
Form type
4
Filing time
17 Jan 2024, 21:44:32 UTC
Previous filing
17 Oct 2023
Next filing
16 Apr 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 24,805 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $13,070 -199 -0.8% $65.68 24,606 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +411 +1.7% $0.000000 25,017 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $14,975 -228 -0.91% $65.68 24,789 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,063 +4.3% $0.000000 25,852 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $38,686 -589 -2.3% $65.68 25,263 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +715 +2.8% $0.000000 25,978 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $25,287 -385 -1.5% $65.68 25,593 15 Jan 2024 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 -50% $0.000000 359 15 Jan 2024 Common Stock 359 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -411 -17% $0.000000 2,058 15 Jan 2024 Common Stock 411 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,063 -11% $0.000000 8,506 15 Jan 2024 Common Stock 1,063 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -715 -10% $0.000000 6,440 15 Jan 2024 Common Stock 715 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 04/15/2024.
F4 The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F5 The remaining RSUs will vest on 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 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.