Form 4 for MRVL Marvell Technology
Accepted 2023-10-17 00:00:00 ET · period of report 2023-10-15 · accession 0001209191-23-052991 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-10-17 | 2023-10-15 | MRVL | GAYNOR MITCHELL | EVP, Chief Admin Off | F - Tax | $52.62 | -2,358 | 151.3K | -2% | -$124.1K |
| DM | 2023-10-17 | 2023-10-15 | MRVL | GAYNOR MITCHELL | EVP, Chief Admin Off | M - OptEx | $0.00 | +4,754 | 150.5K | +3% | $0 |
| D | 2023-10-17 | 2023-10-15 | MRVL | GAYNOR MITCHELL | EVP, Chief Admin Off | S - Sale+OE | $52.62 | -8,000 | 143.3K | -5% | -$421.0K |
| DM | 2023-10-17 | 2023-10-15 | MRVL | GAYNOR MITCHELL | EVP, Chief Admin Off | M - OptEx | $0.00 | -4,754 | 7,545 | -39% | $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 Stock | 2023-10-15 | F | D | 801 | $52.62 | 149,729 | D | — | — | |
| 2 | Common | Common Stock | 2023-10-15 | M | A | 1,258 | $0.00 | 150,987 | D | — | — | |
| 3 | Common | Common Stock | 2023-10-15 | F | D | 624 | $52.62 | 150,363 | D | — | — | |
| 4 | Common | Common Stock | 2023-10-15 | M | A | 1,881 | $0.00 | 152,244 | D | — | — | |
| 5 | Common | Common Stock | 2023-10-15 | F | D | 933 | $52.62 | 151,311 | D | — | — | |
| 6 | Common | Common Stock | 2023-10-15 | S | D | 8,000 | $52.62 | 143,311 | D | — | — | (F2) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 06/27/2023. (F3) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.34 to $52.85, 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. |
| 7 | Common | Common Stock | 2023-10-15 | M | A | 1,615 | $0.00 | 150,530 | D | — | — | |
| 8 | Derivative | Restricted Stock Units | 2023-10-15 | M | D | 1,615 | $0.00 | 3,229 | D | — · — to — | 1,615 Common Stock | (F4) Each RSU represents a contingent right to receive one Marvell common share upon vesting. (F5) The remaining RSUs will vest on 01/15/2024 and 04/15/2024. |
| 9 | Derivative | Restricted Stock Units | 2023-10-15 | M | D | 1,881 | $0.00 | 18,807 | D | — · — to — | 1,881 Common Stock | (F4) Each RSU represents a contingent right to receive one Marvell common share upon vesting. (F7) The remaining RSUs will vest on 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 | 2023-10-15 | M | D | 1,258 | $0.00 | 7,545 | D | — · — to — | 1,258 Common Stock | (F4) Each RSU represents a contingent right to receive one Marvell common share upon vesting. (F6) The remaining RSUs will vest on 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025. |