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Marvell Technology, Inc. — Director's Dealing 2025
Apr 17, 2025
29937_dirs_2025-04-16_47de216d-3a71-48d5-923d-50a1b5003dbf.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: 2025-04-15
Reporting Person: Dixon Panteha (Chief Accounting Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-04-15 | Common Stock | M | 412 | — | Acquired | 31512 | Direct |
| 2025-04-15 | Common Stock | F | 205 | $53.32 | Disposed | 31307 | Direct |
| 2025-04-15 | Common Stock | M | 1063 | — | Acquired | 32370 | Direct |
| 2025-04-15 | Common Stock | F | 528 | $53.32 | Disposed | 31842 | Direct |
| 2025-04-15 | Common Stock | M | 716 | — | Acquired | 32558 | Direct |
| 2025-04-15 | Common Stock | F | 355 | $53.32 | Disposed | 32203 | Direct |
| 2025-04-15 | Common Stock | M | 558 | — | Acquired | 32761 | Direct |
| 2025-04-15 | Common Stock | F | 277 | $53.32 | Disposed | 32484 | Direct |
| 2025-04-15 | Common Stock | M | 1778 | — | Acquired | 34262 | Direct |
| 2025-04-15 | Common Stock | F | 882 | $53.32 | Disposed | 33380 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-04-15 | Restricted Stock Units | $ | M | 412 | Disposed | Common Stock (412) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 1063 | Disposed | Common Stock (1063) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 716 | Disposed | Common Stock (716) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 558 | Disposed | Common Stock (558) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | M | 1778 | Disposed | Common Stock (1778) | Direct | |
| 2025-04-15 | Restricted Stock Units | $ | A | 6116 | Acquired | Common Stock (6116) | Direct |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2: Each restricted stock unit RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3: This award fully vested on April 15, 2025
F4: The remaining RSUs will vest on 07/15/2025, 10/15/2025, and 01/15/2026.
F5: The remaining RSUs will vest on 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
F6: The remaining RSUs will vest on 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.
F7: The grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2022. The achievement levels of the relative TSR performance metrics applicable to the award and the number of shares earned based on such results that were certified on 04/15/2025.
F8: The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process