Matthew J. Murphy - Oct 15, 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chairman of the Board and CEO, Director
Signature
/s/ Matthew J. Murphy, by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2024
Transactions value $
-$574,531
Form type
4
Date filed
10/17/2024, 05:51 PM
Previous filing
Oct 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +3.08K +1.39% $0.00 225K Oct 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$109K -1.38K -0.61% $79.41 224K Oct 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +5.52K +2.47% $0.00 229K Oct 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$202K -2.55K -1.11% $79.41 227K Oct 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +6.97K +3.08% $0.00 234K Oct 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$263K -3.31K -1.42% $79.41 230K Oct 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 -3.08K -33.33% $0.00 6.15K Oct 15, 2024 Common Stock 3.08K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -5.52K -11.11% $0.00 44.2K Oct 15, 2024 Common Stock 5.52K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -6.97K -9.09% $0.00 69.7K Oct 15, 2024 Common Stock 6.97K Direct F2, F5
* 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 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, 01/15/2026 and 04/15/2026.
F5 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.