0001835632-24-000027.txt : 20240416 0001835632-24-000027.hdr.sgml : 20240416 20240416185043 ACCESSION NUMBER: 0001835632-24-000027 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: Koopmans Chris CENTRAL INDEX KEY: 0001676204 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-40357 FILM NUMBER: 24849019 MAIL ADDRESS: STREET 1: 5488 MARVELL LANE CITY: SANTA CLARA STATE: CA ZIP: 94061 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_1713307828.xml FORM 4 X0508 4 2024-04-15 0 0001835632 Marvell Technology, Inc. MRVL 0001676204 Koopmans Chris 5488 MARVELL LANE SANTA CLARA CA 95054 0 1 0 0 EVP, Chief Operations Officer 1 Common Stock 2024-04-15 4 S 0 5000 71.25 D 109117 I By Trust Common Stock 2024-04-15 4 M 0 1384 0 A 110501 I By Trust Common Stock 2024-04-15 4 F 0 687 67.88 D 109814 I By Trust Common Stock 2024-04-15 4 M 0 2187 0 A 112001 I By Trust Common Stock 2024-04-15 4 F 0 1085 67.88 D 110916 I By Trust Common Stock 2024-04-15 4 M 0 1367 0 A 112283 I By Trust Common Stock 2024-04-15 4 F 0 678 67.88 D 111605 I By Trust Common Stock 2024-04-15 4 M 0 4497 0 A 116102 I By Trust Common Stock 2024-04-15 4 F 0 2230 67.88 D 113872 I By Trust Common Stock 2024-04-15 4 M 0 21514 0 A 135386 I By Trust Common Stock 2024-04-15 4 F 0 10667 67.88 D 124719 I By Trust Restricted Stock Units 2024-04-15 4 M 0 1384 0 D Common Stock 1384 0 D Restricted Stock Units 2024-04-15 4 M 0 2187 0 D Common Stock 2187 8748 D Restricted Stock Units 2024-04-15 4 M 0 1367 0 D Common Stock 1367 5468 D Restricted Stock Units 2024-04-15 4 M 0 4497 0 D Common Stock 4497 35977 D Restricted Stock Units 2024-04-15 4 M 0 21514 0 D Common Stock 21514 0 D Restricted Stock Units 2024-04-15 4 A 0 33450 0 A Common Stock 33450 33450 D Sales were made pursuant to a 10b5-1 Plan adopted by the Reporting Person on 07/14/2023. Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust. 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 Technology, Inc. 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. The grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units 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 that 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/ Chris Koopmans, by Blair Walters as Attorney-in-Fact 2024-04-16