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: Christman Dan (EVP, Storage Products Group)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-15	Common Stock	M	2651	$0.00	Acquired	50285	Direct
2023-04-15	Common Stock	F	1315	$40.29	Disposed	48970	Direct
2023-04-15	Common Stock	M	1615	$0.00	Acquired	50585	Direct
2023-04-15	Common Stock	F	801	$40.29	Disposed	49784	Direct
2023-04-15	Common Stock	M	2187	$0.00	Acquired	51971	Direct
2023-04-15	Common Stock	F	1085	$40.29	Disposed	50886	Direct
2023-04-15	Common Stock	M	683	$0.00	Acquired	51569	Direct
2023-04-15	Common Stock	F	339	$40.29	Disposed	51230	Direct
2023-04-15	Common Stock	M	63620	$0.00	Acquired	114850	Direct
2023-04-15	Common Stock	F	31543	$40.29	Disposed	83307	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-15	Restricted Stock Units	$	M	2651	Disposed		Common Stock (2651)	Direct
2023-04-15	Restricted Stock Units	$	M	1615	Disposed		Common Stock (1615)	Direct
2023-04-15	Restricted Stock Units	$	M	2187	Disposed		Common Stock (2187)	Direct
2023-04-15	Restricted Stock Units	$	M	683	Disposed		Common Stock (683)	Direct
2023-04-15	Restricted Stock Units	$	M	63620	Disposed		Common Stock (63620)	Direct
2023-04-15	Restricted Stock Units	$	A	41210	Acquired		Common Stock (41210)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	85425	Indirect

Footnotes

F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

F2: Shares are held in the Christman Family Trust, U/A DTD dated 02/02/2011, of which Daniel S. Christman is the trustee.

F3: Each RSU represents a contingent right to receive one Marvell common share upon vesting.

F4: This award fully vested on April 15, 2023.

F5: The remaining RSUs will vest on 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.

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 and 04/15/2025.

F7: 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.

F8: This award is fully vested. Reflects the number of shares earned in respect of performance based RSUs 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 were certified on 04/14/2023.

F9: The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.