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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.