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Marvell Technology, Inc. Director's Dealing 2023

Jul 18, 2023

29937_dirs_2023-07-18_8be11fe9-9ffa-4140-8200-bb1117f1bbd9.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: GAYNOR MITCHELL (EVP, Chief Admin Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-07-15 Common Stock M 1614 $0.00 Acquired 148136 Direct
2023-07-15 Common Stock F 801 $63.45 Disposed 147335 Direct
2023-07-15 Common Stock M 1257 $0.00 Acquired 148592 Direct
2023-07-15 Common Stock F 624 $63.45 Disposed 147968 Direct
2023-07-15 Common Stock M 1880 $0.00 Acquired 149848 Direct
2023-07-15 Common Stock F 933 $63.45 Disposed 148915 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-07-15 Restricted Stock Units $ M 1614 Disposed Common Stock (1614) Direct
2023-07-15 Restricted Stock Units $ M 1257 Disposed Common Stock (1257) Direct
2023-07-15 Restricted Stock Units $ M 1880 Disposed Common Stock (1880) Direct

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 units ("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.