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Marvell Technology, Inc. — Director's Dealing 2023
Jul 19, 2023
29937_dirs_2023-07-19_d4454129-1ac3-4188-b0bf-4dfb5b31a13d.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: 2023-07-15
Reporting Person: Jarnac Dean E Jr. (EVP Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-15 | Common Stock | M | 1384 | $0.00 | Acquired | 1984 | Direct |
| 2023-07-15 | Common Stock | F | 687 | $63.45 | Disposed | 1297 | Direct |
| 2023-07-15 | Common Stock | M | 1312 | $0.00 | Acquired | 2609 | Direct |
| 2023-07-15 | Common Stock | F | 651 | $63.45 | Disposed | 1958 | Direct |
| 2023-07-15 | Common Stock | M | 2616 | $0.00 | Acquired | 4574 | Direct |
| 2023-07-15 | Common Stock | F | 1298 | $63.45 | Disposed | 3276 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-15 | Restricted Stock Units | $ | M | 1384 | Disposed | Common Stock (1384) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 1312 | Disposed | Common Stock (1312) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 2616 | Disposed | Common Stock (2616) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 100437 | Indirect |
Footnotes
F1: Includes 600 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2023.
F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock unit ("RSUs").
F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSUs will vest on 10/15/2023, 01/15/2024 and 04/15/2024.
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.
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.