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Marvell Technology, Inc. — Director's Dealing 2023
Jan 18, 2023
29937_dirs_2023-01-18_3e3ad2b7-76d0-45e5-bf98-a63c454c9ddb.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: Christman Dan (EVP, Storage Products Group)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-01-15 | Common Stock | M | 2651 | $0.00 | Acquired | 46881 | Direct |
| 2023-01-15 | Common Stock | F | 1469 | $40.67 | Disposed | 45412 | Direct |
| 2023-01-15 | Common Stock | M | 1614 | $0.00 | Acquired | 47026 | Direct |
| 2023-01-15 | Common Stock | F | 840 | $40.67 | Disposed | 46186 | Direct |
| 2023-01-15 | Common Stock | M | 684 | $0.00 | Acquired | 46870 | Direct |
| 2023-01-15 | Common Stock | F | 340 | $40.67 | Disposed | 46530 | Direct |
| 2023-01-15 | Common Stock | M | 2187 | $0.00 | Acquired | 48717 | Direct |
| 2023-01-15 | Common Stock | F | 1083 | $40.67 | Disposed | 47634 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-01-15 | Restricted Stock Units | $ | M | 2651 | Disposed | Common Stock (2651) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 1614 | Disposed | Common Stock (1614) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 684 | Disposed | Common Stock (684) | Direct | |
| 2023-01-15 | Restricted Stock Units | $ | M | 2187 | Disposed | Common Stock (2187) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 92203 | 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 and dated 02/02/2011, of which Daniel S. Christman is the trustee.
F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSUs fully vest on 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