Filing Details
- Accession Number:
- 0001835632-24-000027
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-04-16 18:50:43
- Reporting Period:
- 2024-04-15
- Accepted Time:
- 2024-04-16 18:50:43
- 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 |
---|---|---|---|---|---|---|---|
1676204 | Chris Koopmans | 5488 Marvell Lane Santa Clara CA 95054 | Evp, Chief Operations 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 | Disposition | 2024-04-15 | 5,000 | $71.25 | 109,117 | No | 4 | S | Indirect | By Trust |
Common Stock | Acquisiton | 2024-04-15 | 1,384 | $0.00 | 110,501 | No | 4 | M | Indirect | By Trust |
Common Stock | Disposition | 2024-04-15 | 687 | $67.88 | 109,814 | No | 4 | F | Indirect | By Trust |
Common Stock | Acquisiton | 2024-04-15 | 2,187 | $0.00 | 112,001 | No | 4 | M | Indirect | By Trust |
Common Stock | Disposition | 2024-04-15 | 1,085 | $67.88 | 110,916 | No | 4 | F | Indirect | By Trust |
Common Stock | Acquisiton | 2024-04-15 | 1,367 | $0.00 | 112,283 | No | 4 | M | Indirect | By Trust |
Common Stock | Disposition | 2024-04-15 | 678 | $67.88 | 111,605 | No | 4 | F | Indirect | By Trust |
Common Stock | Acquisiton | 2024-04-15 | 4,497 | $0.00 | 116,102 | No | 4 | M | Indirect | By Trust |
Common Stock | Disposition | 2024-04-15 | 2,230 | $67.88 | 113,872 | No | 4 | F | Indirect | By Trust |
Common Stock | Acquisiton | 2024-04-15 | 21,514 | $0.00 | 135,386 | No | 4 | M | Indirect | By Trust |
Common Stock | Disposition | 2024-04-15 | 10,667 | $67.88 | 124,719 | No | 4 | F | Indirect | By Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Indirect | By Trust |
No | 4 | M | Indirect | By Trust |
No | 4 | F | Indirect | By Trust |
No | 4 | M | Indirect | By Trust |
No | 4 | F | Indirect | By Trust |
No | 4 | M | Indirect | By Trust |
No | 4 | F | Indirect | By Trust |
No | 4 | M | Indirect | By Trust |
No | 4 | F | Indirect | By Trust |
No | 4 | M | Indirect | By Trust |
No | 4 | F | Indirect | By Trust |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Units | Disposition | 2024-04-15 | 1,384 | $0.00 | 1,384 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2024-04-15 | 2,187 | $0.00 | 2,187 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2024-04-15 | 1,367 | $0.00 | 1,367 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2024-04-15 | 4,497 | $0.00 | 4,497 | $0.00 |
Common Stock | Restricted Stock Units | Disposition | 2024-04-15 | 21,514 | $0.00 | 21,514 | $0.00 |
Common Stock | Restricted Stock Units | Acquisiton | 2024-04-15 | 33,450 | $0.00 | 33,450 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | M | Direct | ||
8,748 | No | 4 | M | Direct | ||
5,468 | No | 4 | M | Direct | ||
35,977 | No | 4 | M | Direct | ||
0 | No | 4 | M | Direct | ||
33,450 | No | 4 | A | Direct |
Footnotes
- Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on 07/14/2023.
- Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
- Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
- Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
- This award fully vested on April 15, 2024.
- The remaining RSUs will vest on 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
- The remaining RSUs will vest on 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.
- The grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2021. 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 04/15/2024.
- The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.