Chris Koopmans - 15 Jul 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Chief Operations Officer
Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2021
Transactions value $
$-165,373
Form type
4
Filing time
19 Jul 2021, 17:07:40 UTC
Next filing
07 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1,383 +2.3% $0.000000 61,537 15 Jul 2021 Direct F1
transaction MRVL Common Stock Tax liability $-38,210 -686 -1.11% $55.70 60,851 15 Jul 2021 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2,285 +3.76% $0.000000 63,136 15 Jul 2021 Direct
transaction MRVL Common Stock Tax liability $-63,108 -1,133 -1.79% $55.70 62,003 15 Jul 2021 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2,319 +3.74% $0.000000 64,322 15 Jul 2021 Direct
transaction MRVL Common Stock Tax liability $-64,055 -1,150 -1.79% $55.70 63,172 15 Jul 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRVL Restricted Stock Units Options Exercise $0 -1,383 -8.33% $0.000000 15,223 15 Jul 2021 Common Stock 1,383 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,285 -25% $0.000000 6,854 15 Jul 2021 Common Stock 2,285 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2,319 -12.5% $0.000000 16,237 15 Jul 2021 Common Stock 2,319 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 364 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2021.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs vest on 10/15/2021, 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F5 The remaining RSUs vest on 10/15/2021, 01/15/2022 and 04/15/2022.
F6 The remaining RSUs vest on 10/15/2021, 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.