Willem A. Meintjes - 15 Apr 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Financial Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Apr 2025
Net transactions value
-$459,832
Form type
4
Filing time
17 Apr 2025, 14:00:04 UTC
Previous filing
18 Mar 2025
Next filing
02 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 +766 +0.67% $0.000000 114,358 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $16,849 -316 -0.28% $53.32 114,042 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,551 +2.2% $0.000000 116,593 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $56,466 -1,059 -0.91% $53.32 115,534 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,434 +3% $0.000000 118,968 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $75,981 -1,425 -1.2% $53.32 117,543 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,555 +2.2% $0.000000 120,098 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $56,306 -1,056 -0.88% $53.32 119,042 15 Apr 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +11,574 +9.7% $0.000000 130,616 15 Apr 2025 Direct
transaction MRVL Common Stock Tax liability $254,230 -4,768 -3.7% $53.32 125,848 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 -766 -100% $0.000000 0 15 Apr 2025 Common Stock 766 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2,551 -25% $0.000000 7,655 15 Apr 2025 Common Stock 2,551 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -3,434 -20% $0.000000 13,737 15 Apr 2025 Common Stock 3,434 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2,555 -11% $0.000000 20,442 15 Apr 2025 Common Stock 2,555 Direct F2, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -11,574 -100% $0.000000 0 15 Apr 2025 Common Stock 11,574 Direct F2, F7
transaction MRVL Restricted Stock Units Award $0 +45,866 $0.000000 45,866 15 Apr 2025 Common Stock 45,866 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 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, 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.