Mark Casper - 15 May 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 May 2024
Net transactions value
-$86,495
Form type
4
Filing time
16 May 2024, 18:14:13 UTC
Previous filing
22 Apr 2024
Next filing
02 Jul 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 +2,486 +12% $0.000000 23,752 15 May 2024 Direct
transaction MRVL Common Stock Tax liability $86,495 -1,233 -5.2% $70.15 22,519 15 May 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 -2,486 -14% $0.000000 14,914 15 May 2024 Common Stock 2,486 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 08/15/2024, 11/15/2024, 02/15/2025, 05/15/2025, 08/15/2025 and 11/15/2025.