Mark Casper - Jan 15, 2024 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP & Chief Legal Officer
Signature
Mark Casper by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2024
Transactions value $
-$176,088
Form type
4
Date filed
1/17/2024, 06:22 PM
Previous filing
Jan 11, 2024
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.2K +6.88% $0.00 18.7K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$43.7K -666 -3.57% $65.68 18K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.52K +8.44% $0.00 19.5K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$53.5K -814 -4.17% $65.68 18.7K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +209 +1.12% $0.00 18.9K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$6.9K -105 -0.56% $65.68 18.8K Jan 15, 2024 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.21K +11.74% $0.00 21K Jan 15, 2024 Direct
transaction MRVL Common Stock Tax liability -$72K -1.1K -5.21% $65.68 19.9K Jan 15, 2024 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 -1.2K -16.67% $0.00 6.01K Jan 15, 2024 Common Stock 1.2K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1.52K -12.5% $0.00 10.6K Jan 15, 2024 Common Stock 1.52K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -209 -12.5% $0.00 1.46K Jan 15, 2024 Common Stock 209 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.21K -10% $0.00 19.9K Jan 15, 2024 Common Stock 2.21K 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 Technology, Inc. common share upon vesting.
F3 The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F4 The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025 and 10/15/2025.
F5 The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.