Marvell Technology, Inc. — Director's Dealing 2023

Jan 18, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2023-01-15

Reporting Person: Jarnac Dean E Jr. (EVP Worldwide Sales)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-01-15	Common Stock	M	2319	$0.00	Acquired	68949	Direct
2023-01-15	Common Stock	F	1285	$40.67	Disposed	67664	Direct
2023-01-15	Common Stock	M	1383	$0.00	Acquired	69047	Direct
2023-01-15	Common Stock	F	751	$40.67	Disposed	68296	Direct
2023-01-15	Common Stock	M	1312	$0.00	Acquired	69608	Direct
2023-01-15	Common Stock	F	644	$40.67	Disposed	68964	Direct

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	1312	Disposed		Common Stock (1312)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	24879	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 a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.

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

F4: The remaining RSUs will vest on 04/15/2023.

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

F6: 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.