Jarnac Dean E Jr. 4
4 · Marvell Technology, Inc. · Filed Apr 18, 2023
Insider Transaction Report
Form 4
Jarnac Dean E Jr.
See Remarks
Transactions
- Tax Payment
Common Stock
2023-04-15$40.29/sh−651$26,229→ 71,491 total - Exercise/Conversion
Restricted Stock Units
2023-04-15−2,320→ 0 total→ Common Stock (2,320 underlying) - Exercise/Conversion
Restricted Stock Units
2023-04-15−1,312→ 10,498 total→ Common Stock (1,312 underlying) - Tax Payment
Common Stock
2023-04-15$40.29/sh−687$27,679→ 70,830 total - Tax Payment
Common Stock
2023-04-15$40.29/sh−27,601$1,112,044→ 99,558 total - Exercise/Conversion
Common Stock
2023-04-15+2,320→ 71,284 total - Tax Payment
Common Stock
2023-04-15$40.29/sh−1,151$46,374→ 70,133 total - Exercise/Conversion
Common Stock
2023-04-15+1,312→ 72,142 total - Exercise/Conversion
Common Stock
2023-04-15+1,384→ 71,517 total - Exercise/Conversion
Common Stock
2023-04-15+55,668→ 127,159 total - Exercise/Conversion
Restricted Stock Units
2023-04-15−1,384→ 5,536 total→ Common Stock (1,384 underlying) - Exercise/Conversion
Restricted Stock Units
2023-04-15−55,668→ 0 total→ Common Stock (55,668 underlying) - Award
Restricted Stock Units
2023-04-15+31,398→ 31,398 total→ Common Stock (31,398 underlying)
Holdings
- 18,879(indirect: By Trust)
Common Stock
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.