Marvell Technology, Inc. — Director's Dealing 2025

Jan 27, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2025-01-24

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

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-01-24	Restricted Stock Units	$	A	74975	Acquired		Common Stock (74975)	Direct

Footnotes

F1: Each restricted stock unit (RSU) represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F2: This performance-based RSU included stock price and total stockholder return based performance vesting criteria. The performance condition for a tranche was certified on January 24, 2025. As a result of satisfaction of a stock price-based performance metric and the application of the second performance based criteria, a TSR modifier to the award, 74,975 shares are now solely subject to a service-based vesting condition pursuant to which 50% of the shares will be eligible to vest on the 3-year anniversary of the original grant date and 50% of the shares will be eligible to vest on the 5-year anniversary of the original grant date (subject to continued service to the company on the vesting dates). As of January 24, 2025 performance-based criteria have now been satisfied for 3 of the 4 performance-based tranches.