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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.