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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.