Panteha Dixon - Jan 15, 2024 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
Jan 15, 2024
Transactions value $
-$92,018
Form type
4
Date filed
1/17/2024, 09:44 PM
Previous filing
Oct 17, 2023
Next filing
Apr 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +359 +1.47% $0.00 24.8K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$13.1K -199 -0.8% $65.68 24.6K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +411 +1.67% $0.00 25K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$15K -228 -0.91% $65.68 24.8K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.06K +4.29% $0.00 25.9K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$38.7K -589 -2.28% $65.68 25.3K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +715 +2.83% $0.00 26K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$25.3K -385 -1.48% $65.68 25.6K Jan 15, 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% $0.00 359 Jan 15, 2024 Common Stock 359 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -411 -16.65% $0.00 2.06K Jan 15, 2024 Common Stock 411 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.06K -11.11% $0.00 8.51K Jan 15, 2024 Common Stock 1.06K Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -715 -9.99% $0.00 6.44K Jan 15, 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.