Dean Jarnac - 15 Nov 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP Worldwide Sales
Signature
Dean Jarnac by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Nov 2021
Transactions value $
-$15,678
Form type
4
Filing time
17 Nov 2021, 11:43:04 UTC
Previous filing
19 Oct 2021
Next filing
29 Nov 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 +433 +1.31% $0.00 33.6K 15 Nov 2021 Direct
transaction MRVL Common Stock Tax liability -$15.7K -215 -0.64% $72.92 33.4K 15 Nov 2021 Direct F1

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 -433 -49.94% $0.00 434 15 Nov 2021 Common Stock 433 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSU").
F2 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F3 The remaining RSUs will fully vest quarterly 02/15/2022.