Willem Meintjes - Jan 15, 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Financial Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2024
Transactions value $
-$133,462
Form type
4
Date filed
1/17/2024, 05:40 PM
Previous filing
Jan 8, 2024
Next filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +538 +0.54% $0.00 100K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$10.9K -166 -0.17% $65.68 100K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +765 +0.76% $0.00 101K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$15.8K -240 -0.24% $65.68 101K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.55K +2.54% $0.00 103K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$47.2K -719 -0.7% $65.68 102K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.43K +3.35% $0.00 106K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$59.6K -907 -0.86% $65.68 105K 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 -538 -49.95% $0.00 539 Jan 15, 2024 Common Stock 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -765 -16.66% $0.00 3.83K Jan 15, 2024 Common Stock 765 Direct F2, F4
transaction MRVL Restricted Share Units Options Exercise $0 -2.55K -11.11% $0.00 20.4K Jan 15, 2024 Common Shares 2.55K Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3.43K -10% $0.00 30.9K Jan 15, 2024 Common Stock 3.43K 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 RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs will vest fully 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.