Mark Casper - Apr 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
Apr 15, 2024
Transactions value $
-$173,162
Form type
4
Date filed
4/16/2024, 08:10 PM
Previous filing
Feb 20, 2024
Next filing
Apr 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.2K +5.68% $0.00 22.4K Apr 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$40.5K -597 -2.67% $67.88 21.8K Apr 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.52K +6.98% $0.00 23.3K Apr 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$51.2K -754 -3.24% $67.88 22.5K Apr 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +210 +0.93% $0.00 22.8K Apr 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$7.13K -105 -0.46% $67.88 22.7K Apr 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.21K +9.74% $0.00 24.9K Apr 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$74.3K -1.1K -4.4% $67.88 23.8K Apr 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 -1.2K -20.02% $0.00 4.81K Apr 15, 2024 Common Stock 1.2K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1.52K -14.3% $0.00 9.11K Apr 15, 2024 Common Stock 1.52K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -210 -14.35% $0.00 1.25K Apr 15, 2024 Common Stock 210 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.21K -11.11% $0.00 17.7K Apr 15, 2024 Common Stock 2.21K Direct F2, F5
transaction MRVL Restricted Stock Units Award $0 +16.7K $0.00 16.7K Apr 15, 2024 Common Stock 16.7K 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 on 07/15/2024, 10/15/2024, 01/15/2025, and 04/15/2025.
F4 The remaining RSUs will vest on 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025 and 10/15/2025.
F5 The remaining RSUs will vest on 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.
F6 The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process