0001835632-24-000206.txt : 20241209 0001835632-24-000206.hdr.sgml : 20241209 20241209143815 ACCESSION NUMBER: 0001835632-24-000206 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241205 FILED AS OF DATE: 20241209 DATE AS OF CHANGE: 20241209 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: 241534806 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: 0201 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_1733773088.xml FORM 4 X0508 4 2024-12-05 0 0001835632 Marvell Technology, Inc. MRVL 0001381430 MURPHY MATTHEW J 5488 MARVELL LANE SANTA CLARA CA 95054 1 1 0 0 Chairman of the Board and CEO 0 Restricted Stock Units 2024-12-05 4 A 0 235484 0 A Common Stock 235484 376774 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 December 5, 2024. 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, 235,484 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). As of December 5, 2024 performance-based criteria have now been satisfied for 2 of the 4 performance-based tranches. Matthew J. Murphy by /s/ Blair Walters as Attorney-in- Fact 2024-12-09