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Marvell Technology, Inc. — Director's Dealing 2023
Jan 19, 2023
29937_dirs_2023-01-18_901eb008-f07c-4f7e-b344-e724dc3bf856.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: 2023-01-15
Reporting Person: Meintjes Willem A (SVP, Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-15 | Common Stock | M | 1160 | $0.00 | Acquired | 74056 | Direct |
| 2023-01-15 | Common Stock | F | 348 | $40.67 | Disposed | 73708 | Direct |
| 2023-01-15 | Common Stock | M | 538 | $0.00 | Acquired | 74246 | Direct |
| 2023-01-15 | Common Stock | F | 162 | $40.67 | Disposed | 74084 | Direct |
| 2023-01-15 | Common Stock | M | 766 | $0.00 | Acquired | 74850 | Direct |
| 2023-01-15 | Common Stock | F | 234 | $40.67 | Disposed | 74616 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-15 | Restricted Stock Units | $ | M | 1160 | Disposed | Common Stock (1160) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 538 | Disposed | Common Stock (538) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 766 | Disposed | Common Stock (766) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | A | 30617 | Acquired | Common Stock (30617) | 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: The remaining RSUs will vest on 04/15/2023.
F4: The remaining RSUs will vest on 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F5: The remaining RSUs will vest on 04/15/2023, 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: These RSUs were granted on 01/15/2023 and will vest quarterly over 3 years.