Marvell Technology, Inc. — Director's Dealing 2023

Apr 19, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2023-04-15

Reporting Person: Meintjes Willem A (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-15	Common Stock	M	1160	$0.00	Acquired	75776	Direct
2023-04-15	Common Stock	F	317	$40.29	Disposed	75459	Direct
2023-04-15	Common Stock	M	538	$0.00	Acquired	75997	Direct
2023-04-15	Common Stock	F	135	$40.29	Disposed	75862	Direct
2023-04-15	Common Stock	M	765	$0.00	Acquired	76627	Direct
2023-04-15	Common Stock	F	196	$40.29	Disposed	76431	Direct
2023-04-15	Common Stock	M	2551	$0.00	Acquired	78982	Direct
2023-04-15	Common Stock	F	682	$40.29	Disposed	78300	Direct
2023-04-15	Common Stock	M	27834	$0.00	Acquired	106134	Direct
2023-04-15	Common Stock	F	10585	$40.29	Disposed	95549	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-15	Restricted Stock Units	$	M	1160	Disposed		Common Stock (1160)	Direct
2023-04-15	Restricted Stock Units	$	M	538	Disposed		Common Stock (538)	Direct
2023-04-15	Restricted Stock Units	$	M	765	Disposed		Common Stock (765)	Direct
2023-04-15	Restricted Share Units	$	M	2551	Disposed		Common Shares (2551)	Direct
2023-04-15	Restricted Stock Units	$	M	27834	Disposed		Common Stock (27834)	Direct
2023-04-15	Restricted Stock Units	$	A	41210	Acquired		Common Stock (41210)	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. common share upon vesting.

F3: This award fully vested on April 15, 2023.

F4: The remaining RSUs will vest on 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.

F5: The remaining RSUs will vest on 07/15/2023, 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 07/15/2023, 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 and 01/15/2026.

F7: The grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2020. The achievement levels of the relative TSR performance metrics applicable to the award and the number of shares earned based on such results that were certified on 04/14/2023.

F8: These RSUs were granted on 04/15/2023 and will vest quarterly over 3 years.