Matthew J. Murphy - Jan 15, 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chairman of the Board and CEO, Director
Signature
/s/ Matthew J. Murphy, by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2025
Transactions value $
-$958,624
Form type
4
Date filed
1/17/2025, 08:28 PM
Previous filing
Dec 9, 2024
Next filing
Jan 27, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +3.08K +1.34% $0.00 233K Jan 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$196K -1.69K -0.72% $116.00 232K Jan 15, 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +5.52K +2.38% $0.00 237K Jan 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$337K -2.91K -1.23% $116.00 234K Jan 15, 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +6.97K +2.98% $0.00 241K Jan 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$426K -3.67K -1.52% $116.00 238K Jan 15, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRVL Restricted Stock Units Options Exercise $0 -3.08K -50.01% $0.00 3.08K Jan 15, 2025 Common Stock 3.08K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -5.52K -12.5% $0.00 38.6K Jan 15, 2025 Common Stock 5.52K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -6.97K -10% $0.00 62.7K Jan 15, 2025 Common Stock 6.97K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2 Each RSU represents a contingent right to receive one Marvell common share upon vesting.
F3 The remaining RSUs will vest on 04/15/2025.
F4 The remaining RSUs will vest on 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
F5 The remaining RSUs will vest on 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.