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

Role
Chief Financial Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Apr 15, 2025
Transactions value $
-$459,832
Form type
4
Date filed
4/17/2025, 02:00 PM
Previous filing
Mar 18, 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 +766 +0.67% $0.00 114K Apr 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$16.8K -316 -0.28% $53.32 114K Apr 15, 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.55K +2.24% $0.00 117K Apr 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$56.5K -1.06K -0.91% $53.32 116K Apr 15, 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.43K +2.97% $0.00 119K Apr 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$76K -1.43K -1.2% $53.32 118K Apr 15, 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.56K +2.17% $0.00 120K Apr 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$56.3K -1.06K -0.88% $53.32 119K Apr 15, 2025 Direct F1
transaction MRVL Common Stock Options Exercise $0 +11.6K +9.72% $0.00 131K Apr 15, 2025 Direct
transaction MRVL Common Stock Tax liability -$254K -4.77K -3.65% $53.32 126K Apr 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 -766 -100% $0.00 0 Apr 15, 2025 Common Stock 766 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2.55K -25% $0.00 7.66K Apr 15, 2025 Common Stock 2.55K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -3.43K -20% $0.00 13.7K Apr 15, 2025 Common Stock 3.43K Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2.56K -11.11% $0.00 20.4K Apr 15, 2025 Common Stock 2.56K Direct F2, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -11.6K -100% $0.00 0 Apr 15, 2025 Common Stock 11.6K Direct F2, F7
transaction MRVL Restricted Stock Units Award $0 +45.9K $0.00 45.9K Apr 15, 2025 Common Stock 45.9K Direct F2, F8
* 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 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, 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.