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Marvell Technology, Inc. — Director's Dealing 2023
Oct 18, 2023
29937_dirs_2023-10-17_9e4765e1-2565-468a-8b02-d49a57e41ca6.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2023-10-15
Reporting Person: Hussain Muhammad Raghib (President, Products & Tech)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-10-15 | Common Stock | M | 3305 | $0.00 | Acquired | 857662 | Direct |
| 2023-10-15 | Common Stock | F | 1639 | $52.62 | Disposed | 856023 | Direct |
| 2023-10-15 | Common Stock | M | 3171 | $0.00 | Acquired | 859194 | Direct |
| 2023-10-15 | Common Stock | F | 1573 | $52.62 | Disposed | 857621 | Direct |
| 2023-10-15 | Common Stock | M | 5315 | $0.00 | Acquired | 862936 | Direct |
| 2023-10-15 | Common Stock | F | 2636 | $52.62 | Disposed | 860300 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-10-15 | Restricted Stock Units | $ | M | 3305 | Disposed | Common Stock (3305) | Direct | |
| 2023-10-15 | Restricted Stock Units | $ | M | 3171 | Disposed | Common Stock (3171) | Direct | |
| 2023-10-15 | Restricted Stock Units | $ | M | 5315 | Disposed | Common Stock (5315) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 88081 | Indirect |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock unit ("RSUs").
F2: Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSUs will vest on 01/15/2024 and 04/15/2024.
F5: The remaining RSUs will vest on 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F6: The remaining RSUs will vest on 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.