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Marvell Technology, Inc. Director's Dealing 2023

Jan 18, 2023

29937_dirs_2023-01-18_8de5774d-9953-41d9-8cb4-9551b25f2fba.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: MURPHY MATTHEW J (Director, CEO and President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-01-15 Common Stock M 14911 $0.00 Acquired 720090 Indirect
2023-01-15 Common Stock F 6437 $40.67 Disposed 713653 Indirect
2023-01-15 Common Stock M 7517 $0.00 Acquired 721170 Indirect
2023-01-15 Common Stock F 3253 $40.67 Disposed 717917 Indirect
2023-01-15 Common Stock M 6150 $0.00 Acquired 724067 Indirect
2023-01-15 Common Stock F 2600 $40.67 Disposed 721467 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-01-15 Restricted Stock Units $ M 14911 Disposed Common Stock (14911) Direct
2023-01-15 Restricted Stock Units $ M 7517 Disposed Common Stock (7517) Direct
2023-01-15 Restricted Stock Units $ M 6150 Disposed Common Stock (6150) Direct

Footnotes

F1: Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.

F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

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

F4: The remaining RSUs will vest on 4/15/2023.

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.