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Marvell Technology, Inc. — Director's Dealing 2023
Jul 19, 2023
29937_dirs_2023-07-18_fd89ef16-2d6f-47cb-a012-5dfbfbcddcad.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: Koopmans Chris (EVP, Chief Operations Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-15 | Common Stock | M | 1384 | $0.00 | Acquired | 137366 | Indirect |
| 2023-07-15 | Common Stock | F | 687 | $63.45 | Disposed | 136679 | Indirect |
| 2023-07-15 | Common Stock | M | 2187 | $0.00 | Acquired | 138866 | Indirect |
| 2023-07-15 | Common Stock | F | 1085 | $63.45 | Disposed | 137781 | Indirect |
| 2023-07-15 | Common Stock | M | 1367 | $0.00 | Acquired | 139148 | Indirect |
| 2023-07-15 | Common Stock | F | 678 | $63.45 | Disposed | 138470 | Indirect |
| 2023-07-15 | Common Stock | M | 4497 | $0.00 | Acquired | 142967 | Indirect |
| 2023-07-15 | Common Stock | F | 2230 | $63.45 | Disposed | 140737 | Indirect |
| 2023-07-17 | Common Stock | S | 2000 | $63.56 | Disposed | 138737 | Indirect |
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 | 2187 | Disposed | Common Stock (2187) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 1367 | Disposed | Common Stock (1367) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 4497 | Disposed | Common Stock (4497) | Direct |
Footnotes
F1: Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3: Sales were made pursuant to a 10b5-1 trading plan adopted by the Reporting Person on 09/01/2022.
F4: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5: The remaining RSUs will vest on 10/15/2023, 01/15/2024 and 04/15/2024.
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 and 04/15/2025.
F7: 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.