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

Role
Chief Financial Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2024
Net transactions value
-$133,462
Form type
4
Filing time
17 Jan 2024, 17:40:51 UTC
Previous filing
08 Jan 2024
Next filing
02 Feb 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 +538 +0.54% $0.000000 100,268 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $10,903 -166 -0.17% $65.68 100,102 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +765 +0.76% $0.000000 100,867 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $15,763 -240 -0.24% $65.68 100,627 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,551 +2.5% $0.000000 103,178 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $47,224 -719 -0.7% $65.68 102,459 15 Jan 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,434 +3.4% $0.000000 105,893 15 Jan 2024 Direct
transaction MRVL Common Stock Tax liability $59,572 -907 -0.86% $65.68 104,986 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 -538 -50% $0.000000 539 15 Jan 2024 Common Stock 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -765 -17% $0.000000 3,828 15 Jan 2024 Common Stock 765 Direct F2, F4
transaction MRVL Restricted Share Units Options Exercise $0 -2,551 -11% $0.000000 20,412 15 Jan 2024 Common Shares 2,551 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3,434 -10% $0.000000 30,908 15 Jan 2024 Common Stock 3,434 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.