Edward H. Frank - Jul 16, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Director
Signature
Edward Frank by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 16, 2021
Transactions value $
$0
Form type
4
Date filed
7/20/2021, 05:46 PM
Previous filing
Jun 7, 2021
Next filing
Dec 6, 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 +6.65K +68.02% $0.00 16.4K Jul 16, 2021 Direct
holding MRVL Common Stock 14.7K Jul 16, 2021 By Family Trust F1
holding MRVL Common Stock 14.7K Jul 16, 2021 By Family Trust 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 -6.65K -100% $0.00* 0 Jul 16, 2021 Common Stock 6.65K Direct F3, F4
transaction MRVL Restricted Stock Units Award $0 +4.35K $0.00 4.35K Jul 16, 2021 Common Stock 4.35K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held in the Naomi Mantor Frank 2015 Heritage Trust. This is a trust of which the Reporting Person is the trustee, for the benefit of a member of his immediate family.
F2 Held in the Whitton Anne Frank 2015 Heritage Trust. This is a trust of which the Reporting Person is the trustee, for the benefit of a member of his immediate family.
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F4 These RSUs vested as to 100% of the shares on July 16, 2021.
F5 Vests 100% of shares on the earlier of the next annual shareholder meeting of Marvell or the one year anniversary of the restricted stock unit grant.