Form 4 for MRVL Marvell Technology
Accepted 2023-07-17 00:00:00 ET · period of report 2023-07-15 · accession 0001209191-23-042499 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2023-07-17 | 2023-07-15 | MRVL | MURPHY MATTHEW J | Pres, CEO, COB of Board, Dir | S - Sale+OE | $64.13 | -30.0K | 945.2K | -3% | -$1.92M |
| DMI | 2023-07-17 | 2023-07-15 | MRVL | MURPHY MATTHEW J | Pres, CEO, COB of Board, Dir | M - OptEx | $0.00 | +24.7K | 968.6K | +3% | $0 |
| DMI | 2023-07-17 | 2023-07-15 | MRVL | MURPHY MATTHEW J | Pres, CEO, COB of Board, Dir | F - Tax | $63.45 | -10.6K | 975.2K | -1% | -$671.6K |
| DM | 2023-07-17 | 2023-07-15 | MRVL | MURPHY MATTHEW J | Pres, CEO, COB of Board, Dir | M - OptEx | $0.00 | -24.7K | 22.6K | -52% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-07-15 | S | D | 30,000 | $64.13 | 945,245 | I By Trust | — | — | (F3) Sales were made pursuant to a 10b5-1 Plan dated September 2022 and modified on March 21, 2023. (F4) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $63.02 to $64.90, 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. (F1) Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| 2 | Common | Common Shares | 2023-07-15 | M | A | 11,038 | $0.00 | 979,964 | I By Trust | — | — | (F1) Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| 3 | Common | Common Shares | 2023-07-15 | F | D | 2,618 | $63.45 | 968,926 | I By Trust | — | — | (F1) Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| 4 | Common | Common Shares | 2023-07-15 | M | A | 6,150 | $0.00 | 971,544 | I By Trust | — | — | (F1) Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| 5 | Common | Common Shares | 2023-07-15 | F | D | 3,247 | $63.45 | 965,394 | I By Trust | — | — | (F1) Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| 6 | Common | Common Shares | 2023-07-15 | M | A | 7,516 | $0.00 | 968,641 | I By Trust | — | — | (F1) Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| 7 | Common | Common Shares | 2023-07-15 | F | D | 4,719 | $63.45 | 975,245 | I By Trust | — | — | (F1) Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| 8 | Derivative | Restricted Stock Units | 2023-07-15 | M | D | 6,150 | $0.00 | 43,055 | D | — · — to — | 6,150 Common Shares | (F5) Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F7) The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025. |
| 9 | Derivative | Restricted Stock Units | 2023-07-15 | M | D | 11,038 | $0.00 | 121,421 | D | — · — to — | 11,038 Common Shares | (F5) Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F8) The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 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. |
| 10 | Derivative | Restricted Stock Units | 2023-07-15 | M | D | 7,516 | $0.00 | 22,551 | D | — · — to — | 7,516 Common Shares | (F5) Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F6) The remaining RSUs will vest on 10/15/2023, 01/15/2024 and 04/15/2024. |