Chris Koopmans - Apr 15, 2025 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Operating Officer
Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Apr 15, 2025
Transactions value $
-$1,160,830
Form type
4
Date filed
4/16/2025, 09:14 PM
Previous filing
Apr 15, 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 +2.19K +2.67% $0.00 84.1K Apr 15, 2025 By Trust F1
transaction MRVL Common Stock Tax liability -$57.9K -1.09K -1.29% $53.32 83K Apr 15, 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1.37K +1.65% $0.00 84.4K Apr 15, 2025 By Trust F1
transaction MRVL Common Stock Tax liability -$36.2K -678 -0.8% $53.32 83.7K Apr 15, 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +4.5K +5.37% $0.00 88.2K Apr 15, 2025 By Trust F1
transaction MRVL Common Stock Tax liability -$119K -2.23K -2.53% $53.32 86K Apr 15, 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2.79K +3.24% $0.00 88.8K Apr 15, 2025 By Trust F1
transaction MRVL Common Stock Tax liability -$73.7K -1.38K -1.56% $53.32 87.4K Apr 15, 2025 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +33.1K +37.84% $0.00 120K Apr 15, 2025 By Trust F1
transaction MRVL Common Stock Tax liability -$874K -16.4K -13.61% $53.32 104K Apr 15, 2025 By Trust F1, 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 -2.19K -100% $0.00 0 Apr 15, 2025 Common Stock 2.19K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.37K -100% $0.00 0 Apr 15, 2025 Common Stock 1.37K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -4.5K -20% $0.00 18K Apr 15, 2025 Common Stock 4.5K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2.79K -11.11% $0.00 22.3K Apr 15, 2025 Common Stock 2.79K Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -33.1K -100% $0.00 0 Apr 15, 2025 Common Stock 33.1K Direct F3, F7
transaction MRVL Restricted Stock Units Award $0 +48.9K $0.00 48.9K Apr 15, 2025 Common Stock 48.9K Direct F3, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell common share upon vesting.
F4 This grant fully vested on 04/15/2025.
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.