Muhammad Raghib Hussain - 15 Jul 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
/s/ Muhammad Raghib Hussain, by Blair Walters as attorney-in-fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2024
Net transactions value
-$428,426
Form type
4
Filing time
16 Jul 2024, 17:13:59 UTC
Previous filing
09 Jul 2024
Next filing
30 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 +3,171 +0.38% $0.000000 841,742 15 Jul 2024 Direct
transaction MRVL Common Stock Tax liability $115,773 -1,573 -0.19% $73.60 840,169 15 Jul 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +5,314 +0.63% $0.000000 845,483 15 Jul 2024 Direct
transaction MRVL Common Stock Tax liability $193,936 -2,635 -0.31% $73.60 842,848 15 Jul 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,252 +0.39% $0.000000 846,100 15 Jul 2024 Direct
transaction MRVL Common Stock Tax liability $118,717 -1,613 -0.19% $73.60 844,487 15 Jul 2024 Direct F1
holding MRVL Common Stock 88,081 15 Jul 2024 By Family Trusts F2

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 -3,171 -25% $0.000000 9,513 15 Jul 2024 Common Stock 3,171 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -5,314 -12% $0.000000 37,204 15 Jul 2024 Common Stock 5,314 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3,252 -8.3% $0.000000 35,773 15 Jul 2024 Common Stock 3,252 Direct F3, 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 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs will vest on 10/15/2024, 01/15/2025 and 04/15/2025.
F5 The remaining RSUs will vest on 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
F6 The remaining RSUs will vest on 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026, 04/15/2026, 07/15/2026, 10/15/2026, 01/15/2027, and 04/15/2027.