Panteha Dixon - 15 Jul 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Accounting Officer
Signature
Pani Dixon by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2024
Net transactions value
-$100,390
Form type
4
Filing time
16 Jul 2024, 17:45:40 UTC
Previous filing
16 Apr 2024
Next filing
17 Oct 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 +411 +1.4% $0.000000 28,873 15 Jul 2024 Direct F1
transaction MRVL Common Stock Tax liability $15,014 -204 -0.71% $73.60 28,669 15 Jul 2024 Direct F2
transaction MRVL Common Stock Options Exercise $0 +1,064 +3.7% $0.000000 29,733 15 Jul 2024 Direct
transaction MRVL Common Stock Tax liability $38,861 -528 -1.8% $73.60 29,205 15 Jul 2024 Direct F2
transaction MRVL Common Stock Options Exercise $0 +715 +2.4% $0.000000 29,920 15 Jul 2024 Direct
transaction MRVL Common Stock Tax liability $26,128 -355 -1.2% $73.60 29,565 15 Jul 2024 Direct F2
transaction MRVL Common Stock Options Exercise $0 +557 +1.9% $0.000000 30,122 15 Jul 2024 Direct
transaction MRVL Common Stock Tax liability $20,387 -277 -0.92% $73.60 29,845 15 Jul 2024 Direct 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 -411 -25% $0.000000 1,235 15 Jul 2024 Common Stock 411 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,064 -14% $0.000000 6,379 15 Jul 2024 Common Stock 1,064 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -715 -12% $0.000000 5,009 15 Jul 2024 Common Stock 715 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -557 -8.3% $0.000000 6,133 15 Jul 2024 Common Stock 557 Direct F3, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Total holdings includes 599 shares purchased on June 7, 2024 under the Company's Employee Stock Purchase Plan (ESPP).
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each restricted stock unit 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, and 01/15/2026.
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 and 04/15/2026.
F7 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.