Mark Casper - Feb 15, 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP & Chief Legal Officer
Signature
Mark Casper by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Feb 15, 2024
Transactions value $
-$83,154
Form type
4
Date filed
2/20/2024, 07:21 PM
Previous filing
Jan 17, 2024
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 +2.49K +12.47% $0.00 22.4K Feb 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$83.2K -1.23K -5.5% $67.44 21.2K Feb 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 -2.49K -12.5% $0.00 17.4K Feb 15, 2024 Common Stock 2.49K Direct F2, F3
* 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 05/15/2024, 08/15/2024, 11/15/2024, 02/15/2025, 05/15/2025, 08/15/2025, 11/15/2025.