Mark Casper - Aug 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
Aug 15, 2024
Transactions value $
-$85,484
Form type
4
Date filed
8/19/2024, 03:51 PM
Previous filing
Jul 16, 2024
Next filing
Oct 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +2.49K +10.47% $0.00 26.2K Aug 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$85.5K -1.23K -4.7% $69.33 25K Aug 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 -2.49K -16.67% $0.00 12.4K Aug 15, 2024 Common Stock 2.49K 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 11/15/2024, 02/15/2025, 05/15/2025, 08/15/2025, 11/15/2025.