Marvell Technology, Inc. — Director's Dealing 2023

Apr 18, 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: Dixon Panteha (Chief Accounting Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-15	Common Stock	M	696	$0.00	Acquired	17093	Direct
2023-04-15	Common Stock	F	346	$40.29	Disposed	16747	Direct
2023-04-15	Common Stock	M	7158	$0.00	Acquired	23905	Direct
2023-04-15	Common Stock	F	3549	$40.29	Disposed	20356	Direct
2023-04-15	Common Stock	M	359	$0.00	Acquired	20715	Direct
2023-04-15	Common Stock	F	178	$40.29	Disposed	20537	Direct
2023-04-15	Common Stock	M	411	$0.00	Acquired	20948	Direct
2023-04-15	Common Stock	F	204	$40.29	Disposed	20744	Direct
2023-04-15	Common Stock	M	1063	$0.00	Acquired	21807	Direct
2023-04-15	Common Stock	F	528	$40.29	Disposed	21279	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-04-15	Restricted Stock Units	$	M	696	Disposed		Common Stock (696)	Direct
2023-04-15	Restricted Stock Units	$	M	7158	Disposed		Common Stock (7158)	Direct
2023-04-15	Restricted Stock Units	$	M	359	Disposed		Common Stock (359)	Direct
2023-04-15	Restricted Stock Units	$	M	411	Disposed		Common Stock (411)	Direct
2023-04-15	Restricted Stock Units	$	M	1063	Disposed		Common Stock (1063)	Direct
2023-04-15	Restricted Stock Units	$	A	8586	Acquired		Common Shares (8586)	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 restricted stock unit RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3: This award fully vested on 04/15/2023.

F4: This 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 were certified on 04/13/2023.

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, 04/15/2025, 07/15/2025, 10/15/2025 and 01/15/2026.

F8: The RSUs will vest in equal quarterly installments over three years.