MITCHELL GAYNOR - 15 Jan 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, CALO
Signature
Mitchell Gaynor by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2022
Net transactions value
-$297,804
Form type
4
Filing time
19 Jan 2022, 11:33:24 UTC
Previous filing
16 Dec 2021
Next filing
17 Feb 2022
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 +1,615 +1.5% $0.000000 107,667 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $66,483 -801 -0.74% $83.00 106,866 15 Jan 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,636 +2.5% $0.000000 109,502 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $115,370 -1,390 -1.3% $83.00 108,112 15 Jan 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,816 +2.6% $0.000000 110,928 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $115,951 -1,397 -1.3% $83.00 109,531 15 Jan 2022 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 -1,615 -10% $0.000000 14,530 15 Jan 2022 Common Stock 1,615 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2,636 -50% $0.000000 2,637 15 Jan 2022 Common Stock 2,636 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,816 -17% $0.000000 14,083 15 Jan 2022 Common Stock 2,816 Direct F2, F5
* 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 ("RSUs").
F2 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs vest on 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.
F4 The remaining RSUs will fully vest on 04/15/2022.
F5 The remaining RSUs vest on 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.