Marvell Technology, Inc.·4

Apr 18, 5:40 PM ET

Jarnac Dean E Jr. 4

4 · Marvell Technology, Inc. · Filed Apr 18, 2023

Insider Transaction Report

Form 4
Period: 2023-04-15
Transactions
  • Tax Payment

    Common Stock

    2023-04-15$40.29/sh651$26,22971,491 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-04-152,3200 total
    Common Stock (2,320 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2023-04-151,31210,498 total
    Common Stock (1,312 underlying)
  • Tax Payment

    Common Stock

    2023-04-15$40.29/sh687$27,67970,830 total
  • Tax Payment

    Common Stock

    2023-04-15$40.29/sh27,601$1,112,04499,558 total
  • Exercise/Conversion

    Common Stock

    2023-04-15+2,32071,284 total
  • Tax Payment

    Common Stock

    2023-04-15$40.29/sh1,151$46,37470,133 total
  • Exercise/Conversion

    Common Stock

    2023-04-15+1,31272,142 total
  • Exercise/Conversion

    Common Stock

    2023-04-15+1,38471,517 total
  • Exercise/Conversion

    Common Stock

    2023-04-15+55,668127,159 total
  • Exercise/Conversion

    Restricted Stock Units

    2023-04-151,3845,536 total
    Common Stock (1,384 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2023-04-1555,6680 total
    Common Stock (55,668 underlying)
  • Award

    Restricted Stock Units

    2023-04-15+31,39831,398 total
    Common Stock (31,398 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    18,879
Footnotes (8)
  • [F1]Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
  • [F2]Shares are held in a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.
  • [F3]Each RSU represents a contingent right to receive one Marvell common share upon vesting.
  • [F4]This award fully vested on April 15, 2023.
  • [F5]The remaining RSUs will vest on 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
  • [F6]The remaining RSUs will vest on 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
  • [F7]This award is fully vested. Reflects the number of shares earned in respect of performance based RSUs granted on 04/15/2020. 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 04/14/2023.
  • [F8]The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.

Documents

1 file
  • 4
    doc4.xmlPrimary

    FORM 4 SUBMISSION