0000899243-22-015117.txt : 20220419 0000899243-22-015117.hdr.sgml : 20220419 20220419202933 ACCESSION NUMBER: 0000899243-22-015117 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220415 FILED AS OF DATE: 20220419 DATE AS OF CHANGE: 20220419 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MURPHY MATTHEW J CENTRAL INDEX KEY: 0001381430 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40357 FILM NUMBER: 22836117 MAIL ADDRESS: STREET 1: MARVELL SEMICONDUCTOR, INC. STREET 2: 5488 MARVELL LANE CITY: SANTA CLARA STATE: CA ZIP: 95054 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Marvell Technology, Inc. CENTRAL INDEX KEY: 0001835632 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 853971597 STATE OF INCORPORATION: DE FISCAL YEAR END: 0129 BUSINESS ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: (302) 295-4840 MAIL ADDRESS: STREET 1: 1000 N. WEST STREET STREET 2: SUITE 1200 CITY: WILMINGTON STATE: DE ZIP: 19801 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2022-04-15 0 0001835632 Marvell Technology, Inc. MRVL 0001381430 MURPHY MATTHEW J 5488 MARVELL LANE SANTA CLARA CA 95054 1 1 0 0 CEO and President Common Stock 2022-04-18 4 S 0 30000 60.64 D 501886 I By Trust Common Stock 2022-04-15 4 M 0 11599 0.00 A 513485 I By Trust Common Stock 2022-04-15 4 F 0 5296 60.97 D 508189 I By Trust Common Stock 2022-04-15 4 M 0 333194 0.00 A 841383 I By Trust Common Stock 2022-04-15 4 F 0 152115 60.97 D 689268 I By Trust Common Stock 2022-04-15 4 M 0 14910 0.00 A 704178 I By Trust Common Stock 2022-04-15 4 F 0 6312 60.97 D 697866 I By Trust Common Stock 2022-04-15 4 M 0 7517 0.00 A 705383 I By Trust Common Stock 2022-04-15 4 F 0 3331 60.97 D 702052 I By Trust Restricted Stock Units 2022-04-15 4 M 0 11599 0.00 D Common Stock 11599 0 D Restricted Stock Units 2022-04-15 4 M 0 333194 0.00 D Common Stock 333194 0 D Restricted Stock Units 2022-04-15 4 M 0 14910 0.00 D Common Stock 14910 59643 D Restricted Stock Units 2022-04-15 4 M 0 7517 0.00 D Common Stock 7517 60134 D Restricted Stock Units 2022-04-15 4 A 0 73807 0.00 A Common Stock 73807 73807 D The sale of these shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.16 to $61.22, 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. Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one Marvell common share upon vesting. This award fully vested on April 15, 2022. This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2019. 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 04/15/2022. The remaining RSUs will vest on 07/15/2022, 10/15/22, 01/15/2023 and 04/15/2023. The remaining RSUs will vest on 07/15/2022, 10/15/22, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024. The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process. /s/ Matthew Murphy by Blair Walters as attorney-in-fact 2022-04-19