Panteha Dixon - 15 Apr 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 Apr 2025
Net transactions value
-$119,810
Form type
4
Filing time
16 Apr 2025, 21:07:32 UTC
Previous filing
18 Mar 2025
Next filing
13 May 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 +412 +1.3% $0.000000 31,512 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $10,931 -205 -0.65% $53.32 31,307 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,063 +3.4% $0.000000 32,370 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $28,153 -528 -1.6% $53.32 31,842 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +716 +2.2% $0.000000 32,558 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $18,929 -355 -1.1% $53.32 32,203 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +558 +1.7% $0.000000 32,761 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $14,770 -277 -0.85% $53.32 32,484 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,778 +5.5% $0.000000 34,262 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $47,028 -882 -2.6% $53.32 33,380 15 Apr 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 -412 -100% $0.000000 0 15 Apr 2025 Common Stock 412 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,063 -25% $0.000000 3,190 15 Apr 2025 Common Stock 1,063 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -716 -20% $0.000000 2,862 15 Apr 2025 Common Stock 716 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -558 -11% $0.000000 4,460 15 Apr 2025 Common Stock 558 Direct F2, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -1,778 -100% $0.000000 0 15 Apr 2025 Common Stock 1,778 Direct F2, F7
transaction MRVL Restricted Stock Units Award $0 +6,116 $0.000000 6,116 15 Apr 2025 Common Stock 6,116 Direct F2, F8
* 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 This award fully vested on April 15, 2025
F4 The remaining RSUs will vest on 07/15/2025, 10/15/2025, and 01/15/2026.
F5 The remaining RSUs will vest on 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
F6 The remaining RSUs will vest on 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.
F7 The grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2022. The achievement levels of the relative TSR performance metrics applicable to the award and the number of shares earned based on such results that were certified on 04/15/2025.
F8 The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process