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Marvell Technology, Inc. Director's Dealing 2024

Oct 18, 2024

29937_dirs_2024-10-17_ccd00a13-6475-4dcf-8288-4ade9fc34a0f.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: 2024-10-15

Reporting Person: Hussain Muhammad Raghib (President, Products & Tech)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-10-15 Common Shares S 150000 $80.50 Disposed 694487 Direct
2024-10-15 Common Shares M 3171 Acquired 697658 Direct
2024-10-15 Common Shares F 1573 $79.41 Disposed 696085 Direct
2024-10-15 Common Shares M 5315 Acquired 701400 Direct
2024-10-15 Common Shares F 2636 $79.41 Disposed 698764 Direct
2024-10-15 Common Shares M 3252 Acquired 702016 Direct
2024-10-15 Common Shares F 1613 $79.41 Disposed 700403 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2024-10-15 Restricted Stock Units $ M 3171 Disposed Common Stock (3171) Direct
2024-10-15 Restricted Stock Units $ M 5315 Disposed Common Stock (5315) Direct
2024-10-15 Restricted Stock Units $ M 3252 Disposed Common Stock (3252) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 88081 Indirect

Footnotes

F1: Sales were made pursuant to a 10b5-1 Plan dated March 27, 2024.

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

F3: Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.

F4: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F5: The remaining RSUs will vest on 01/15/2025 and 04/15/2025.

F6: The remaining RSUs will vest on 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026, and 04/15/2026.

F7: The remaining RSUs will vest on 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026, 04/15/2026, 07/15/2026, 10/15/2026, 01/15/2027, and 04/15/2027.