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Marvell Technology, Inc. — Director's Dealing 2024
Jan 17, 2024
29937_dirs_2024-01-17_f87fc313-8bb9-47a7-921f-5311f3246747.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: 2024-01-15
Reporting Person: Hussain Muhammad Raghib (President, Products & Tech)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-01-15 | Common Stock | M | 3306 | — | Acquired | 853606 | Direct |
| 2024-01-15 | Common Stock | F | 1766 | $65.68 | Disposed | 851840 | Direct |
| 2024-01-15 | Common Stock | M | 3171 | — | Acquired | 855011 | Direct |
| 2024-01-15 | Common Stock | F | 1573 | $65.68 | Disposed | 853438 | Direct |
| 2024-01-15 | Common Stock | M | 5315 | — | Acquired | 858753 | Direct |
| 2024-01-15 | Common Stock | F | 2636 | $65.68 | Disposed | 856117 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-01-15 | Restricted Stock Units | $ | M | 3306 | Disposed | Common Stock (3306) | Direct | |
| 2024-01-15 | Restricted Stock Units | $ | M | 3171 | Disposed | Common Stock (3171) | Direct | |
| 2024-01-15 | Restricted Stock Units | $ | M | 5315 | Disposed | Common Stock (5315) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 88081 | Indirect |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock unit ("RSUs").
F2: Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSUs will vest on 04/15/2024.
F5: The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F6: The remaining RSUs will vest on 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025,
10/15/2025, 01/15/2026 and 04/15/2026.