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Marvell Technology, Inc. — Director's Dealing 2023
Jul 18, 2023
29937_dirs_2023-07-17_64496ea0-b754-444c-8e55-870a47ee1b21.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: Bharathi Sandeep (Chief Development Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-15 | Common Stock | M | 1384 | $0.00 | Acquired | 87810 | Direct |
| 2023-07-15 | Common Stock | F | 729 | $63.45 | Disposed | 87081 | Direct |
| 2023-07-15 | Common Stock | M | 2187 | $0.00 | Acquired | 89268 | Direct |
| 2023-07-15 | Common Stock | F | 1152 | $63.45 | Disposed | 88116 | Direct |
| 2023-07-15 | Common Stock | M | 684 | $0.00 | Acquired | 88800 | Direct |
| 2023-07-15 | Common Stock | F | 361 | $63.45 | Disposed | 88439 | Direct |
| 2023-07-15 | Common Stock | M | 3679 | $0.00 | Acquired | 92118 | Direct |
| 2023-07-15 | Common Stock | F | 1937 | $63.45 | Disposed | 90181 | 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 | 2187 | Disposed | Common Stock (2187) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 684 | Disposed | Common Stock (684) | Direct | |
| 2023-07-15 | Restricted Stock Units | $ | M | 3679 | Disposed | Common Stock (3679) | Direct |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2: Each RSU represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F3: The remaining RSUs will vest on 10/15/2023, 01/15/2024 and 04/15/2024.
F4: 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.
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, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.