Chris Koopmans - 15 Apr 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Apr 2025
Net transactions value
-$1,160,830
Form type
4
Filing time
16 Apr 2025, 21:14:06 UTC
Previous filing
15 Apr 2025
Next filing
13 May 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +2,187 +2.7% $0.000000 84,118 15 Apr 2025 By Trust F1
transaction MRVL Common Stock Tax liability $57,852 -1,085 -1.3% $53.32 83,033 15 Apr 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1,367 +1.6% $0.000000 84,400 15 Apr 2025 By Trust F1
transaction MRVL Common Stock Tax liability $36,151 -678 -0.8% $53.32 83,722 15 Apr 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +4,497 +5.4% $0.000000 88,219 15 Apr 2025 By Trust F1
transaction MRVL Common Stock Tax liability $118,904 -2,230 -2.5% $53.32 85,989 15 Apr 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2,788 +3.2% $0.000000 88,777 15 Apr 2025 By Trust F1
transaction MRVL Common Stock Tax liability $73,742 -1,383 -1.6% $53.32 87,394 15 Apr 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +33,066 +38% $0.000000 120,460 15 Apr 2025 By Trust F1
transaction MRVL Common Stock Tax liability $874,181 -16,395 -14% $53.32 104,065 15 Apr 2025 By Trust F1, 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 -2,187 -100% $0.000000 0 15 Apr 2025 Common Stock 2,187 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,367 -100% $0.000000 0 15 Apr 2025 Common Stock 1,367 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -4,497 -20% $0.000000 17,989 15 Apr 2025 Common Stock 4,497 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2,788 -11% $0.000000 22,300 15 Apr 2025 Common Stock 2,788 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -33,066 -100% $0.000000 0 15 Apr 2025 Common Stock 33,066 Direct F3, F7
transaction MRVL Restricted Stock Units Award $0 +48,923 $0.000000 48,923 15 Apr 2025 Common Stock 48,923 Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell common share upon vesting.
F4 This grant fully vested on 04/15/2025.
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.