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