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Marvell Technology, Inc. Director's Dealing 2024

Dec 9, 2024

29937_dirs_2024-12-09_aa077a36-8826-4554-ad6c-c84a075b5bad.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: 2024-12-05

Reporting Person: Koopmans Chris (EVP, Chief Operations Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-12-05 Restricted Stock Units $ A 37488 Acquired Common Stock (37488) Direct

Footnotes

F1: Each restricted stock unit (RSU) represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F2: This performance-based RSU included stock price and total stockholder return based performance vesting criteria. The performance condition for a tranche was certified on December 5, 2024. As a result of satisfaction of a stock price-based performance metric and the application of the
second performance based criteria, a TSR modifier to the award, 37,488 shares are now solely subject to a service-based vesting condition pursuant to which 50% of the shares will be eligible to vest on the 3-year anniversary of the original grant date and 50% of the shares will be eligible to vest on the 5-year anniversary of the original grant date (subject to continued service to the company on the vesting dates). As of December 5, 2024 performance-based criteria have now been satisfied for 2 of the 4
performance-based tranches.