Panteha Dixon - 15 Jan 2025 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 Jan 2025
Net transactions value
-$167,620
Form type
4
Filing time
17 Jan 2025, 19:37:43 UTC
Previous filing
17 Oct 2024
Next filing
18 Mar 2025
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 +1.3% $0.000000 31,640 15 Jan 2025 Direct
transaction MRVL Common Stock Tax liability $26,448 -228 -0.72% $116.00 31,412 15 Jan 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,063 +3.4% $0.000000 32,475 15 Jan 2025 Direct
transaction MRVL Common Stock Tax liability $67,744 -584 -1.8% $116.00 31,891 15 Jan 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +715 +2.2% $0.000000 32,606 15 Jan 2025 Direct
transaction MRVL Common Stock Tax liability $41,296 -356 -1.1% $116.00 32,250 15 Jan 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +557 +1.7% $0.000000 32,807 15 Jan 2025 Direct
transaction MRVL Common Stock Tax liability $32,132 -277 -0.84% $116.00 32,530 15 Jan 2025 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 -411 -50% $0.000000 412 15 Jan 2025 Common Stock 411 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,063 -20% $0.000000 4,253 15 Jan 2025 Common Stock 1,063 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -715 -17% $0.000000 3,578 15 Jan 2025 Common Stock 715 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -557 -10% $0.000000 5,018 15 Jan 2025 Common Stock 557 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 04/15/2025.
F4 The remaining RSUs will vest on 04/15/2025, 07/15/2025, 10/15/2025, and 01/15/2026.
F5 The remaining RSUs will vest on 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
F6 The remaining RSUs will vest on 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.