0001835632-24-000028.txt : 20240416 0001835632-24-000028.hdr.sgml : 20240416 20240416185105 ACCESSION NUMBER: 0001835632-24-000028 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240415 FILED AS OF DATE: 20240416 DATE AS OF CHANGE: 20240416 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MURPHY MATTHEW J CENTRAL INDEX KEY: 0001381430 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40357 FILM NUMBER: 24849020 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] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 853971597 STATE OF INCORPORATION: DE FISCAL YEAR END: 0203 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 wk-form4_1713307854.xml FORM 4 X0508 4 2024-04-15 0 0001835632 Marvell Technology, Inc. MRVL 0001381430 MURPHY MATTHEW J 5488 MARVELL LANE SANTA CLARA CA 95054 1 1 0 0 Chair of Board, President, CEO 1 Common Stock 2024-04-15 4 M 0 7517 0 A 740446 I By Trust Common Stock 2024-04-15 4 F 0 3327 67.88 D 737119 I By Trust Common Stock 2024-04-15 4 M 0 6150 0 A 743269 I By Trust Common Stock 2024-04-15 4 F 0 2721 67.88 D 740548 I By Trust Common Stock 2024-04-15 4 M 0 11039 0 A 751587 I By Trust Common Stock 2024-04-15 4 F 0 5042 67.88 D 746545 I By Trust Common Shares 2024-04-15 4 S 0 30000 68.82 D 716545 I By Trust Restricted Stock Units 2024-04-15 4 M 0 7517 0 D Common Stock 7517 0 D Restricted Stock Units 2024-04-15 4 M 0 6150 0 D Common Stock 6150 24603 D Restricted Stock Units 2024-04-15 4 M 0 11039 0 D Common Stock 11039 88306 D Restricted Stock Units 2024-04-15 4 J 0 143421 0 A Common Stock 143421 143421 D Restricted Stock Units 2024-04-15 4 A 0 83624 0 A Common Stock 83624 83624 D 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"). Sales were made pursuant to a 10b5-1 Plan dated September 15, 2022 and modified on March 21, 2023. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.73 to $71.64, 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. Each RSU represents a contingent right to receive one Marvell common share upon vesting. This award fully vested on April 15, 2024. The remaining RSUs will vest on 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025. The remaining RSUs will vest on 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. This grant fully vested on 04/15/2024, but settlement of this grant has been deferred by the recipient. Reflects the number of shares earned in respect of performance based RSUs granted on 04/15/2021. 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 04/15/2024. The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process /s/ Matthew J. Murphy by Blair Walters as attorney-in-fact 2024-04-16