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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.