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Marvell Technology, Inc. — Director's Dealing 2023
Jan 18, 2023
29937_dirs_2023-01-18_0057574e-c0cc-4d2c-bc1b-0345bd089add.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: Koopmans Chris (EVP, Chief Operations Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-15 | Common Stock | M | 2319 | $0.00 | Acquired | 120510 | Indirect |
| 2023-01-15 | Common Stock | F | 1285 | $40.67 | Disposed | 119225 | Indirect |
| 2023-01-15 | Common Stock | M | 1383 | $0.00 | Acquired | 120608 | Indirect |
| 2023-01-15 | Common Stock | F | 748 | $40.67 | Disposed | 119860 | Indirect |
| 2023-01-15 | Common Stock | M | 1367 | $0.00 | Acquired | 121227 | Indirect |
| 2023-01-15 | Common Stock | F | 678 | $40.67 | Disposed | 120549 | Indirect |
| 2023-01-15 | Common Stock | M | 2187 | $0.00 | Acquired | 122736 | Indirect |
| 2023-01-15 | Common Stock | F | 1078 | $40.67 | Disposed | 121658 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-15 | Restricted Stock Units | $ | M | 2319 | Disposed | Common Stock (2319) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 1383 | Disposed | Common Stock (1383) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 1367 | Disposed | Common Stock (1367) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 2187 | Disposed | Common Stock (2187) | Direct |
Footnotes
F1: Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSUs vest 04/15/2023.
F5: The remaining RSUs vest quarterly on each of 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6: The remaining RSUs vest quarterly on each of 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