Filing Details
- Accession Number:
- 0001209191-23-052991
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-10-17 18:34:55
- Reporting Period:
- 2023-10-15
- Accepted Time:
- 2023-10-17 18:34:55
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1835632 | Marvell Technology Inc. | MRVL | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1193486 | Mitchell Gaynor | 5488 Marvell Lane Santa Clara CA 95054 | Evp, Chief Admin Officer | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2023-10-15 | 1,615 | $0.00 | 150,530 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-10-15 | 801 | $52.62 | 149,729 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-10-15 | 1,258 | $0.00 | 150,987 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-10-15 | 624 | $52.62 | 150,363 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2023-10-15 | 1,881 | $0.00 | 152,244 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-10-15 | 933 | $52.62 | 151,311 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-10-15 | 8,000 | $52.62 | 143,311 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2023-10-15 | 1,615 | $0.00 | 1,615 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2023-10-15 | 1,258 | $0.00 | 1,258 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2023-10-15 | 1,881 | $0.00 | 1,881 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 3,229 | No | 4 | M | Direct | ||
| 7,545 | No | 4 | M | Direct | ||
| 18,807 | No | 4 | M | Direct |
Footnotes
- Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 06/27/2023.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.34 to $52.85, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- Each RSU represents a contingent right to receive one Marvell common share upon vesting.
- The remaining RSUs will vest on 01/15/2024 and 04/15/2024.
- The remaining RSUs will vest on 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
- The remaining RSUs will vest on 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.
Billionaire Hedge Funds
