Matthew J. Murphy - 15 Jan 2025 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 Jan 2025
Net transactions value
-$958,624
Form type
4
Filing time
17 Jan 2025, 20:28:44 UTC
Previous filing
09 Dec 2024
Next filing
27 Jan 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 +3,076 +1.3% $0.000000 233,319 15 Jan 2025 Direct
transaction MRVL Common Stock Tax liability $195,808 -1,688 -0.72% $116.00 231,631 15 Jan 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +5,519 +2.4% $0.000000 237,150 15 Jan 2025 Direct
transaction MRVL Common Stock Tax liability $337,096 -2,906 -1.2% $116.00 234,244 15 Jan 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +6,969 +3% $0.000000 241,213 15 Jan 2025 Direct
transaction MRVL Common Stock Tax liability $425,720 -3,670 -1.5% $116.00 237,543 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 -3,076 -50% $0.000000 3,075 15 Jan 2025 Common Stock 3,076 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -5,519 -12% $0.000000 38,635 15 Jan 2025 Common Stock 5,519 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -6,969 -10% $0.000000 62,718 15 Jan 2025 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 04/15/2025.
F4 The remaining RSUs will vest on 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
F5 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.