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Filing Details

Accession Number:: 0001835632-24-000028
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-04-16 18:51:05
Reporting Period:: 2024-04-15

Accepted Time:: 2024-04-16 18:51:05
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
1381430	J Matthew Murphy	5488 Marvell Lane Santa Clara CA 95054	Chair Of Board, President, Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2024-04-15	7,517	$0.00	740,446	No	4	M	Indirect	By Trust
Common Stock	Disposition	2024-04-15	3,327	$67.88	737,119	No	4	F	Indirect	By Trust
Common Stock	Acquisiton	2024-04-15	6,150	$0.00	743,269	No	4	M	Indirect	By Trust
Common Stock	Disposition	2024-04-15	2,721	$67.88	740,548	No	4	F	Indirect	By Trust
Common Stock	Acquisiton	2024-04-15	11,039	$0.00	751,587	No	4	M	Indirect	By Trust
Common Stock	Disposition	2024-04-15	5,042	$67.88	746,545	No	4	F	Indirect	By Trust
Common Shares	Disposition	2024-04-15	30,000	$68.82	716,545	No	4	S	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
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	S	Indirect	By Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Units	Disposition	2024-04-15	7,517	$0.00	7,517	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-04-15	6,150	$0.00	6,150	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-04-15	11,039	$0.00	11,039	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2024-04-15	143,421	$0.00	143,421	$0.00
Common Stock	Restricted Stock Units	Acquisiton	2024-04-15	83,624	$0.00	83,624	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	No	4	M	Direct
24,603	No	4	M	Direct
88,306	No	4	M	Direct
143,421	No	4	J	Direct
83,624	No	4	A	Direct

Footnotes

Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.
Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
Sales were made pursuant to a 10b5-1 Plan dated September 15, 2022 and modified on March 21, 2023.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.73 to $71.64, 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.
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.
This grant fully vested on 04/15/2024, but settlement of this grant has been deferred by the recipient. Reflects the number of shares earned in respect of performance based RSUs 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 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