Dean E. Jarnac Jr. - 15 Jul 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jul 2023, 14:07:47 UTC
Prior SEC filing
26 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Dean Jarnac by Blair Walters as Attorney-in-Fact

Key filing fact

Dean E. Jarnac Jr. filed Form 4 for Marvell Technology, Inc. (MRVL) on 19 Jul 2023.

Key facts

  • This page summarizes Dean E. Jarnac Jr.'s Form 4 filing for Marvell Technology, Inc. (MRVL).
  • 9 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 19 Jul 2023, 14:07.

Change

  • Previous filing in this sequence was filed on 26 May 2023.
  • Current net transaction value: -$167,254.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MRVL transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,384
Change %
+231%
Price
$0.000000
Shares after
1,984
Date
15 Jul 2023
Ownership
Direct
Footnotes
F1
MRVL transaction

Common Stock

Tax liability

Transaction value
$43,590
Shares
-687
Change %
-35%
Price
$63.45
Shares after
1,297
Date
15 Jul 2023
Ownership
Direct
Footnotes
F2
MRVL transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,312
Change %
+101%
Price
$0.000000
Shares after
2,609
Date
15 Jul 2023
Ownership
Direct
MRVL transaction

Common Stock

Tax liability

Transaction value
$41,306
Shares
-651
Change %
-25%
Price
$63.45
Shares after
1,958
Date
15 Jul 2023
Ownership
Direct
Footnotes
F2
MRVL transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,616
Change %
+134%
Price
$0.000000
Shares after
4,574
Date
15 Jul 2023
Ownership
Direct
MRVL transaction

Common Stock

Tax liability

Transaction value
$82,358
Shares
-1,298
Change %
-28%
Price
$63.45
Shares after
3,276
Date
15 Jul 2023
Ownership
Direct
Footnotes
F2
MRVL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
100,437
Date
15 Jul 2023
Ownership
By Family Trusts

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MRVL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,384
Change %
-25%
Price
$0.000000
Shares after
4,152
Date
15 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,384
Exercise price
Footnotes
F3, F4
MRVL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,312
Change %
-12%
Price
$0.000000
Shares after
9,186
Date
15 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,312
Exercise price
Footnotes
F3, F5
MRVL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-2,616
Change %
-8.3%
Price
$0.000000
Shares after
28,782
Date
15 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,616
Exercise price
Footnotes
F3, F6
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Includes 600 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2023.

Footnote F2

Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock unit ("RSUs").

Footnote F3

Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

Footnote F4

The remaining RSUs will vest on 10/15/2023, 01/15/2024 and 04/15/2024.

Footnote F5

The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.

Footnote F6

The remaining RSUs will vest on 10/15/2023, 01/15/2024, 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.

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