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Marvell Technology, Inc. — Director's Dealing 2023
Jul 19, 2023
29937_dirs_2023-07-18_8e2cbd41-8f5f-4afd-8cd0-ca3f6c8b0225.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: Christman Dan (EVP, Storage Products Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-15 | Common Stock | M | 1614 | $0.00 | Acquired | 2786 | Direct |
| 2023-07-15 | Common Stock | F | 801 | $63.45 | Disposed | 1985 | Direct |
| 2023-07-15 | Common Stock | M | 2187 | $0.00 | Acquired | 4172 | Direct |
| 2023-07-15 | Common Stock | F | 1085 | $63.45 | Disposed | 3087 | Direct |
| 2023-07-15 | Common Stock | M | 684 | $0.00 | Acquired | 3771 | Direct |
| 2023-07-15 | Common Stock | F | 340 | $63.45 | Disposed | 3431 | Direct |
| 2023-07-15 | Common Stock | M | 3434 | $0.00 | Acquired | 6865 | Direct |
| 2023-07-15 | Common Stock | F | 1703 | $63.45 | Disposed | 5162 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-07-15 | Restricted Stock Units | $ | M | 1614 | Disposed | Common Shares (1614) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 2187 | Disposed | Common Shares (2187) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 684 | Disposed | Common Shares (684) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 3434 | Disposed | Common Shares (3434) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 100994 | 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 the Christman Family Trust, U/A DTD dated 02/02/2011, of which Daniel S. Christman is the trustee.
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.