AI assistant
Marvell Technology, Inc. — Director's Dealing 2022
Oct 18, 2022
29937_dirs_2022-10-18_086041f3-f880-448e-a9ce-350fed884607.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2022-10-15
Reporting Person: Jarnac Dean E Jr. (EVP Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-10-15 | Common Stock | M | 2320 | $0.00 | Acquired | 66423 | Direct |
| 2022-10-15 | Common Stock | F | 1151 | $37.01 | Disposed | 65272 | Direct |
| 2022-10-15 | Common Stock | M | 1384 | $0.00 | Acquired | 66656 | Direct |
| 2022-10-15 | Common Stock | F | 687 | $37.01 | Disposed | 65969 | Direct |
| 2022-10-15 | Common Stock | M | 1312 | $0.00 | Acquired | 67281 | Direct |
| 2022-10-15 | Common Stock | F | 651 | $37.01 | Disposed | 66630 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-10-15 | Restricted Stock Units | $ | M | 2320 | Disposed | Common Stock (2320) | Direct | |
| 2022-10-15 | Restricted Stock Units | $ | M | 1384 | Disposed | Common Stock (1384) | Direct | |
| 2022-10-15 | Restricted Stock Units | $ | M | 1312 | Disposed | Common Stock (1312) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 24879 | Indirect |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2: Shares are held in a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.
F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSUs will vest on 01/15/2023 and 04/15/2023.
F5: The remaining RSUs will vest on 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6: The remaining RSUs will vest on 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.