Muhammad Raghib Hussain - 15 Jan 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
/s/ Muhammad Raghib Hussain, by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2025
Net transactions value
-$684,052
Form type
4
Filing time
17 Jan 2025, 21:03:16 UTC
Previous filing
26 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 Shares Options Exercise $0 +3,171 +0.46% $0.000000 690,129 15 Jan 2025 Direct
transaction MRVL Common Shares Tax liability $191,168 -1,648 -0.24% $116.00 688,481 15 Jan 2025 Direct F1
transaction MRVL Common Shares Options Exercise $0 +5,315 +0.77% $0.000000 693,796 15 Jan 2025 Direct
transaction MRVL Common Shares Tax liability $305,776 -2,636 -0.38% $116.00 691,160 15 Jan 2025 Direct F1
transaction MRVL Common Shares Options Exercise $0 +3,252 +0.47% $0.000000 694,412 15 Jan 2025 Direct
transaction MRVL Common Shares Tax liability $187,108 -1,613 -0.23% $116.00 692,799 15 Jan 2025 Direct F1
holding MRVL Common Shares 88,081 15 Jan 2025 By Family Trusts F2

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 -3,171 -50% $0.000000 3,171 15 Jan 2025 Common Stock 3,171 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -5,315 -17% $0.000000 26,574 15 Jan 2025 Common Stock 5,315 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3,252 -10% $0.000000 29,269 15 Jan 2025 Common Stock 3,252 Direct F3, 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 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs will vest on 04/15/2025.
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.