Form 4 for MRVL Marvell Technology
Accepted 2024-07-16 00:00:00 ET · period of report 2024-07-15 · accession 0001835632-24-000131 · 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 | 2024-07-16 | 2024-07-15 | MRVL | MURPHY MATTHEW J | COB, CEO, Dir | M - OptEx | $0.00 | +15.6K | 213.8K | +8% | $0 |
| DM | 2024-07-16 | 2024-07-15 | MRVL | MURPHY MATTHEW J | COB, CEO, Dir | F - Tax | $73.60 | -7,209 | 211.3K | -3% | -$530.6K |
| DM | 2024-07-16 | 2024-07-15 | MRVL | MURPHY MATTHEW J | COB, CEO, Dir | M - OptEx | $0.00 | -15.6K | 76.7K | -17% | $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 | 2024-07-15 | M | A | 3,075 | $0.00 | 209,637 | D | — | — | (F2) Since the date of the reporting person's last ownership report, he transferred to his ex-spouse pursuant to a domestic relations order: (i) 480,582 vested shares of Marvell common stock (which have been deducted from his aggregate holdings in column 5, table 1 of this Form 4), (ii) 45,416 unvested restricted stock units ("RSUs")(which have been deducted from his aggregate holdings in column 9, table 2 of this Form 4), (iii) 71,711 performance-based RSUs for which settlement has been deferred, and (iv) 94,194 unvested performance-based RSUs subject to a hurdle award. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse. (F1) Total holdings includes 599 shares purchased on June 7, 2024 under the Company's Employee Stock Purchase Plan (ESPP). |
| 2 | Common | Common Stock | 2024-07-15 | F | D | 1,369 | $73.60 | 208,268 | D | — | — | |
| 3 | Common | Common Stock | 2024-07-15 | F | D | 3,305 | $73.60 | 214,915 | D | — | — | |
| 4 | Common | Common Shares | 2024-07-15 | F | D | 2,535 | $73.60 | 211,252 | D | — | — | |
| 5 | Common | Common Stock | 2024-07-15 | M | A | 6,968 | $0.00 | 218,220 | D | — | — | |
| 6 | Common | Common Shares | 2024-07-15 | M | A | 5,519 | $0.00 | 213,787 | D | — | — | |
| 7 | Derivative | Restricted Stock Units | 2024-07-15 | M | D | 3,075 | $0.00 | 9,226 | D | — · — to — | 3,075 Common Stock | (F2) Since the date of the reporting person's last ownership report, he transferred to his ex-spouse pursuant to a domestic relations order: (i) 480,582 vested shares of Marvell common stock (which have been deducted from his aggregate holdings in column 5, table 1 of this Form 4), (ii) 45,416 unvested restricted stock units ("RSUs")(which have been deducted from his aggregate holdings in column 9, table 2 of this Form 4), (iii) 71,711 performance-based RSUs for which settlement has been deferred, and (iv) 94,194 unvested performance-based RSUs subject to a hurdle award. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse. (F4) Each RSU represents a contingent right to receive one Marvell common share upon vesting. (F5) The remaining RSUs will vest on 10/15/2024, 01/15/2025 and 04/15/2025. |
| 8 | Derivative | Restricted Stock Units | 2024-07-15 | M | D | 5,519 | $0.00 | 49,673 | D | — · — to — | 5,519 Common Stock | (F2) Since the date of the reporting person's last ownership report, he transferred to his ex-spouse pursuant to a domestic relations order: (i) 480,582 vested shares of Marvell common stock (which have been deducted from his aggregate holdings in column 5, table 1 of this Form 4), (ii) 45,416 unvested restricted stock units ("RSUs")(which have been deducted from his aggregate holdings in column 9, table 2 of this Form 4), (iii) 71,711 performance-based RSUs for which settlement has been deferred, and (iv) 94,194 unvested performance-based RSUs subject to a hurdle award. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse. (F4) Each RSU represents a contingent right to receive one Marvell common share upon vesting. (F6) The remaining RSUs will vest on 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026, and 04/15/2026. |
| 9 | Derivative | Restricted Stock Units | 2024-07-15 | M | D | 6,968 | $0.00 | 76,656 | D | — · — to — | 6,968 Common Stock | (F4) Each RSU represents a contingent right to receive one Marvell common share upon vesting. (F7) The remaining RSUs will vest on 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026, 04/15/2026, 07/15/2026, 10/15/2026, 01/15/2027, and 04/15/2027. |