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

Signature
Pani Dixon by Blair Walters as Attorney-In-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2024
Net transactions value
-$108,395
Form type
4
Filing time
17 Oct 2024, 17:38:54 UTC
Previous filing
16 Jul 2024
Next filing
17 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +412 +1.4% $0.000000 30,257 15 Oct 2024 Direct
transaction MRVL Common Stock Tax liability $16,279 -205 -0.68% $79.41 30,052 15 Oct 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,063 +3.5% $0.000000 31,115 15 Oct 2024 Direct
transaction MRVL Common Stock Tax liability $41,928 -528 -1.7% $79.41 30,587 15 Oct 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +716 +2.3% $0.000000 31,303 15 Oct 2024 Direct
transaction MRVL Common Stock Tax liability $28,191 -355 -1.1% $79.41 30,948 15 Oct 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +558 +1.8% $0.000000 31,506 15 Oct 2024 Direct
transaction MRVL Common Stock Tax liability $21,997 -277 -0.88% $79.41 31,229 15 Oct 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 -412 -33% $0.000000 823 15 Oct 2024 Common Stock 412 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,063 -17% $0.000000 5,316 15 Oct 2024 Common Stock 1,063 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -716 -14% $0.000000 4,293 15 Oct 2024 Common Stock 716 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -558 -9.1% $0.000000 5,575 15 Oct 2024 Common Stock 558 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 restricted stock unit RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs will vest on 01/15/2025 and 04/15/2025.
F4 The remaining RSUs will vest on 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, and 01/15/2026.
F5 The remaining RSUs will vest on 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 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.