UNITED STATES SECURITIES AND EXCHANGE COMMISSION ----------------------
FORM 4 Washington, D.C. 20549 | OMB APPROVAL |
|---------------------|
| OMB Number: |
{} Check this box if STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES | 3235-0287 |
no longer subject to | Expires: |
Section 16. Form 4 or | November 30, 2011 |
Form 5 obligations may | Estimated average |
continue. See Instruction | burden hours per |
1(b). | response 0.5 |
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section -----------------------
17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the
(Print or Type Responses) Investment Company Act of 1940
---------------------------------------------------------------------------------------------------------------------------------
|1. Name and Address of | 2. Issuer Name and Ticker or Trading Symbol | 5. Relationship of Reporting Person(s) |
| Reporting Person* | | to Issuer (Check all applicable) |
|MURPHY MATTHEW J |Marvell Technology, Inc. MRVL | __X__ Director _____ 10% Owner |
| | | __X__ Officer _____ Other |
|--------------------------|---------------------------------------------------|
|(Last) (First) (Middle)|3. Date of Earliest Transaction (Month/Day/Year) | (give title below) (specify below)|
| | 07-15-2024 |Chairman of the Board and CEO |
|5488 MARVELL LANE, |---------------------------------------------------| |
| (Street) |4.If Amendment, Date Original Filed(Month/Day/Year)|-------------------------------------------------|
| | | 6. Individual or Joint/Group Filing |
|SANTA CLAR - CA - 95054 | | (Check Applicable Line) |
|A | | _X_ Form filed by One Reporting Person |
| | | ___ Form filed by More than One |
| (City) (State) (Zip) | | Reporting Person |
---------------------------------------------------------------------------------------------------------------------------------
Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
------------------------------------------------------------------------------------------------------------------------
| 1. | 2. | 2a. | 3. | 4. | 5. | 6. | 7. |
| Title of | Trans- | Deemed | Transaction | Securities Acquired | Amount of Sec | Ownership | Nature of |
| Security | action | Execut. | Code | (A) or Disposed of (D) | Beneficially | Form: | Indirect |
| (Instr. 3) | Date | Date | (Instr. 8) | (Instr. 3, 4 and 5) |Owned Following| Direct | Beneficial |
| |----------|----------|---------|----|----------|-----|--------| Transaction(s)| (D) or | Ownership |
| | (Month/ | (Month/ | | | | (A) | | | Indirect | (Instr. 4) |
| | Day/ | Day/ | | | | or | | (Instr. 3 and | (I) | |
| | Year) | Year) | Code | V | Amount | (D) | Price | 4) | Instr. 4) | |
---------------------------------------------------------------------------------|-----------------------------------------------
|Common Stock |07-15-2024| |M | |3,075 |A |$0 |209,637 |D | |
| | | | | | | | |#1 #2 | | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Stock |07-15-2024| |F | |1,369 |D |$73.6 |208,268 |D | |
| | | |#3 | | | | | | | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Shares |07-15-2024| |M | |5,519 |A |$0 |213,787 |D | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Shares |07-15-2024| |F | |2,535 |D |$73.6 |211,252 |D | |
| | | |#3 | | | | | | | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Stock |07-15-2024| |M | |6,968 |A |$0 |218,220 |D | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
|Common Stock |07-15-2024| |F | |3,305 |D |$73.6 |214,915 |D | |
| | | |#3 | | | | | | | |
|--------------------------------------------------------------------------------|-----------------------------------------------|
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
----------------------------------------------------------------------------------------------------------------------------------
|1. |2. | 3. | 3a. |4. | 5. | 6. | 7. |8. |9. |10. |11. |
|Title of|Conver- | Trans- | Deemed |Trans- | Number of | Date | Title and |Price |Number |Owner- |Nature of|
|Deriv- |sion or | action | Execu. |action | Deriv- | Exercisable | Amount of |of |of |ship |Indirect |
|ative |Exercise| Date | Date |Code | ative | and Expira- | Underlying |Deriv- |Deriv- |Form |Benefici.|
|Security|Price of| (Month/ | (Month/ |(Instr.| Securities | tion Date | Securities |ative |ative |of |Ownership|
|(Instr. |Deriv- | Day/ | Day/ |8) | Acquired | (Month/Day/ | (Instr. 3 |Secur- |Secur- |Deriv- |(Instr. 4|
| 3) |ative | Year) | Year) | | (A) or | Year) | and 4) |ity |ities |ative | |
| |Security| | | | Disposed of |----------------|--------------|(Instr.|Bene- |Secur- | |
| | | | |-------| (D) (Instr. | | | | | 5) |ficially|ity | |
| | | | | | | 3, 4 and 5) | | | |Amount | |Owned |Direct | |
| | | | | | |--------------| | | |or | |folowing|(D) or | |
| | | | | | | | |Date |Expira- | |Number | |reported|Indirect| |
| | | | | | | | |Exer- |tion | |of | |tran.(s)|(I) | |
| | | | |Code| V| (A) | (D) |cisable|Date |Title |Shares | |(Inst.4)|Instr. 4| |
----------------------------------------------------------------------------------------------------------------------------------
|Restrict| |07-15-202| |M | | |3,075 | | |Common|3,075 |$0 |9,226 |D | |
|ed Stock| |4 | | | | | | | | Stock| | | | | |
| Units | | | | | | | | | | | | | | | |
| |#4 | | | | | | |#5 |#5 | | | |#2 | | |
|--------------------------------------------------------------------------------------------------------------------------------|
|Restrict| |07-15-202| |M | | |5,519 | | |Common|5,519 |$0 |49,673 |D | |
|ed Stock| |4 | | | | | | | | Stock| | | | | |
| Units | | | | | | | | | | | | | | | |
| |#4 | | | | | | |#6 |#6 | | | |#2 | | |
|--------------------------------------------------------------------------------------------------------------------------------|
|Restrict| |07-15-202| |M | | |6,968 | | |Common|6,968 |$0 |76,656 |D | |
|ed Stock| |4 | | | | | | | | Stock| | | | | |
| Units | | | | | | | | | | | | | | | |
| |#4 | | | | | | |#7 |#7 | | | | | | |
|--------------------------------------------------------------------------------------------------------------------------------|
+----------------------------------------------------------------------------------+
| | Relationships |
| Reporting Owner Name / Address +----------+----------+----------+-------- -+
| | Director |10% Owner | Officer | Other |
+--------------------------------------+----------+----------+----------+----------+
|MURPHY MATTHEW J | X | . |Chairman o| |
| | | |f the Boar| |
| | | |d and CEO | |
|5488 MARVELL LANE | | | | |
|SANTA CLARA CA 95054 | | | | |
|--------------------------------------+----------+----------+----------+----------|
Explanation of Responses:
1 Total holdings includes 599 shares purchased on June 7, 2024 under the Company's Em
ployee Stock Purchase Plan (ESPP).
2 Since the date of the reporting person's last ownership report, he transferred to h
is ex-spouse pursuant to a domestic relations order: (i) 480,582 vested shares of Ma
rvell common stock (which have been deducted from his aggregate holdings in column 5,
table 1 of this Form 4), (ii) 45,416 unvested restricted stock units ("RSUs")(which
have been deducted from his aggregate holdings in column 9, table 2 of this Form 4),
(iii) 71,711 performance-based RSUs for which settlement has been deferred, and (iv)
94,194 unvested performance-based RSUs subject to a hurdle award. The reporting perso
n no longer reports as beneficially owned any securities owned by his ex-spouse.
3 Surrender of shares in payment of tax withholding due as a result of the vesting of
RSUs.
4 Each RSU represents a contingent right to receive one Marvell common share upon ves
ting.
5 The remaining RSUs will vest on 10/15/2024, 01/15/2025 and 04/15/2025.
6 The remaining RSUs will vest on 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10
/15/2025, 01/15/2026, and 04/15/2026.
7 The remaining RSUs will vest on 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/
15/2025, 01/15/2026, 04/15/2026, 07/15/2026, 10/15/2026, 01/15/2027, and 04/15/2027.
Remarks:
Signatures
/s/ Matthew J. Murphy by Blair Walters as attorney-in-fact / 07-16-2024
------------------------------------------------------------- -----------
** Signature of Reporting Person Date
* If the form is filed by more than one reporting person, seeInstruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.