Christman Dan 4
4 · Marvell Technology, Inc. · Filed Apr 18, 2023
Insider Transaction Report
Form 4
Christman Dan
EVP, Storage Business Group
Transactions
- Exercise/Conversion
Common Stock
2023-04-15+683→ 51,569 total - Exercise/Conversion
Restricted Stock Units
2023-04-15−2,187→ 17,496 total→ Common Stock (2,187 underlying) - Award
Restricted Stock Units
2023-04-15+41,210→ 41,210 total→ Common Stock (41,210 underlying) - Tax Payment
Common Stock
2023-04-15$40.29/sh−1,315$52,981→ 48,970 total - Exercise/Conversion
Common Stock
2023-04-15+2,187→ 51,971 total - Tax Payment
Common Stock
2023-04-15$40.29/sh−1,085$43,715→ 50,886 total - Tax Payment
Common Stock
2023-04-15$40.29/sh−339$13,658→ 51,230 total - Tax Payment
Common Stock
2023-04-15$40.29/sh−31,543$1,270,867→ 83,307 total - Exercise/Conversion
Restricted Stock Units
2023-04-15−2,651→ 0 total→ Common Stock (2,651 underlying) - Exercise/Conversion
Restricted Stock Units
2023-04-15−1,615→ 6,458 total→ Common Stock (1,615 underlying) - Exercise/Conversion
Restricted Stock Units
2023-04-15−63,620→ 0 total→ Common Stock (63,620 underlying) - Exercise/Conversion
Common Stock
2023-04-15+2,651→ 50,285 total - Exercise/Conversion
Common Stock
2023-04-15+1,615→ 50,585 total - Tax Payment
Common Stock
2023-04-15$40.29/sh−801$32,272→ 49,784 total - Exercise/Conversion
Common Stock
2023-04-15+63,620→ 114,850 total - Exercise/Conversion
Restricted Stock Units
2023-04-15−683→ 5,468 total→ Common Stock (683 underlying)
Holdings
- 85,425(indirect: By Trust)
Common Stock
Footnotes (9)
- [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 the Christman Family Trust, U/A DTD dated 02/02/2011, of which Daniel S. Christman is the trustee.
- [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]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.
- [F8]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.
- [F9]The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.