Mark Casper - 15 Apr 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
Issuer symbol
MRVL
Transactions as of
15 Apr 2024
Net transactions value
-$173,162
Form type
4
Filing time
16 Apr 2024, 20:10:07 UTC
Previous filing
20 Feb 2024
Next filing
22 Apr 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 +1,203 +5.7% $0.000000 22,380 15 Apr 2024 Direct
transaction MRVL Common Stock Tax liability $40,524 -597 -2.7% $67.88 21,783 15 Apr 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,520 +7% $0.000000 23,303 15 Apr 2024 Direct
transaction MRVL Common Stock Tax liability $51,182 -754 -3.2% $67.88 22,549 15 Apr 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +210 +0.93% $0.000000 22,759 15 Apr 2024 Direct
transaction MRVL Common Stock Tax liability $7,127 -105 -0.46% $67.88 22,654 15 Apr 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,207 +9.7% $0.000000 24,861 15 Apr 2024 Direct
transaction MRVL Common Stock Tax liability $74,329 -1,095 -4.4% $67.88 23,766 15 Apr 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 -1,203 -20% $0.000000 4,807 15 Apr 2024 Common Stock 1,203 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,520 -14% $0.000000 9,113 15 Apr 2024 Common Stock 1,520 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -210 -14% $0.000000 1,253 15 Apr 2024 Common Stock 210 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,207 -11% $0.000000 17,665 15 Apr 2024 Common Stock 2,207 Direct F2, F5
transaction MRVL Restricted Stock Units Award $0 +16,725 $0.000000 16,725 15 Apr 2024 Common Stock 16,725 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