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Marvell Technology, Inc. — Director's Dealing 2024
Jul 17, 2024
29937_dirs_2024-07-16_6623f438-1c07-40c2-9de7-0c54d9d64a6f.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: 2024-07-15
Reporting Person: Koopmans Chris (EVP, Chief Operations Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-15 | Common Stock | S | 5000 | $73.88 | Disposed | 110318 | Indirect |
| 2024-07-15 | Common Stock | M | 2187 | — | Acquired | 112505 | Indirect |
| 2024-07-15 | Common Stock | F | 1085 | $73.60 | Disposed | 111420 | Indirect |
| 2024-07-15 | Common Stock | M | 1367 | — | Acquired | 112787 | Indirect |
| 2024-07-15 | Common Stock | F | 678 | $73.60 | Disposed | 112109 | Indirect |
| 2024-07-15 | Common Stock | M | 4497 | — | Acquired | 116606 | Indirect |
| 2024-07-15 | Common Stock | F | 2230 | $73.60 | Disposed | 114376 | Indirect |
| 2024-07-15 | Common Stock | M | 2787 | — | Acquired | 117163 | Indirect |
| 2024-07-15 | Common Stock | F | 1382 | $73.60 | Disposed | 115781 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-15 | Restricted Stock Units | $ | M | 2187 | Disposed | Common Stock (2187) | Direct | |
| 2024-07-15 | Restricted Stock Units | $ | M | 1367 | Disposed | Common Stock (1367) | Direct | |
| 2024-07-15 | Restricted Stock Units | $ | M | 4497 | Disposed | Common Stock (4497) | Direct | |
| 2024-07-15 | Restricted Stock Units | $ | M | 2787 | Disposed | Common Stock (2787) | Direct |
Footnotes
F1: Sales were made pursuant to a 10b5-1 Plan dated July 14, 2023.
F2: Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F3: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F4: Each RSU represents a contingent right to receive one Marvell common share upon vesting.
F5: The remaining RSUs will vest on 10/15/2024, 01/15/2025 and 04/15/2025.
F6: The remaining RSUs will vest on 10/15/2024, 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 10/15/2024, 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.