Matthew J. Murphy - 15 Oct 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
Issuer symbol
MRVL
Transactions as of
15 Oct 2024
Net transactions value
-$574,531
Form type
4
Filing time
17 Oct 2024, 17:51:45 UTC
Previous filing
15 Oct 2024
Next filing
09 Dec 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 +3,075 +1.4% $0.000000 224,990 15 Oct 2024 Direct
transaction MRVL Common Stock Tax liability $109,268 -1,376 -0.61% $79.41 223,614 15 Oct 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +5,519 +2.5% $0.000000 229,133 15 Oct 2024 Direct
transaction MRVL Common Stock Tax liability $202,257 -2,547 -1.1% $79.41 226,586 15 Oct 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +6,969 +3.1% $0.000000 233,555 15 Oct 2024 Direct
transaction MRVL Common Stock Tax liability $263,006 -3,312 -1.4% $79.41 230,243 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 -3,075 -33% $0.000000 6,151 15 Oct 2024 Common Stock 3,075 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -5,519 -11% $0.000000 44,154 15 Oct 2024 Common Stock 5,519 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -6,969 -9.1% $0.000000 69,687 15 Oct 2024 Common Stock 6,969 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.