Muhammad Raghib Hussain - Jan 15, 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
/s/ Muhammad Raghib Hussain, by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2025
Transactions value $
-$684,052
Form type
4
Date filed
1/17/2025, 09:03 PM
Previous filing
Dec 26, 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 Shares Options Exercise $0 +3.17K +0.46% $0.00 690K Jan 15, 2025 Direct
transaction MRVL Common Shares Tax liability -$191K -1.65K -0.24% $116.00 688K Jan 15, 2025 Direct F1
transaction MRVL Common Shares Options Exercise $0 +5.32K +0.77% $0.00 694K Jan 15, 2025 Direct
transaction MRVL Common Shares Tax liability -$306K -2.64K -0.38% $116.00 691K Jan 15, 2025 Direct F1
transaction MRVL Common Shares Options Exercise $0 +3.25K +0.47% $0.00 694K Jan 15, 2025 Direct
transaction MRVL Common Shares Tax liability -$187K -1.61K -0.23% $116.00 693K Jan 15, 2025 Direct F1
holding MRVL Common Shares 88.1K Jan 15, 2025 By Family Trusts F2

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 -3.17K -50% $0.00 3.17K Jan 15, 2025 Common Stock 3.17K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -5.32K -16.67% $0.00 26.6K Jan 15, 2025 Common Stock 5.32K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3.25K -10% $0.00 29.3K Jan 15, 2025 Common Stock 3.25K Direct F3, F6
* 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 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 04/15/2025.
F5 The remaining RSUs will vest on 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026, and 04/15/2026.
F6 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.