0000950170-23-044473.txt : 20230824 0000950170-23-044473.hdr.sgml : 20230824 20230824214614 ACCESSION NUMBER: 0000950170-23-044473 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230822 FILED AS OF DATE: 20230824 DATE AS OF CHANGE: 20230824 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Hussain Muhammad Raghib CENTRAL INDEX KEY: 0001680691 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40357 FILM NUMBER: 231203689 MAIL ADDRESS: STREET 1: 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: 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 ownership.xml 4 X0508 4 2023-08-22 0001835632 Marvell Technology, Inc. MRVL 0001680691 Hussain Muhammad Raghib 5488 MARVELL LANE SANTA CLARA CA 95054 false true false false President, Products & Tech false Restricted Stock Units 2023-08-22 4 A false 74975 0 A Common Stock 74975 74975 D Each restricted stock unit (RSU) represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. This performance-based RSU included stock price and total stockholder return based performance vesting criteria. The performance condition for a tranche was certified on August 22, 2023. As a result of satisfaction of a stock price-based performance metric and the application of the second performance based criteria, a TSR modifier to the award, 74,975 shares are now solely subject to a service-based vesting condition pursuant to which 50% of the shares will be eligible to vest on the 3-year anniversary of the original grant date and 50% of the shares will be eligible to vest on the 5-year anniversary of the original grant date (subject to continued service to the company on the vesting dates). The other tranches of the grant remain outstanding as the performance criteria have not yet been satisfied. Muhammad Raghib Hussain by /s/ Blair Walters as Attorney-in-Fact 2023-08-24