Chris Koopmans - 15 Jan 2022 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 Jan 2022
Transactions value $
$-178,948
Form type
4
Filing time
19 Jan 2022, 20:42:18 UTC
Previous filing
07 Dec 2021
Next filing
19 Apr 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 +1,384 +1.83% $0.000000 77,195 15 Jan 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability $-39,757 -479 -0.62% $83.00 76,716 15 Jan 2022 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2,285 +2.98% $0.000000 79,001 15 Jan 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability $-72,625 -875 -1.11% $83.00 78,126 15 Jan 2022 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2,319 +2.97% $0.000000 80,445 15 Jan 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability $-66,566 -802 -1% $83.00 79,643 15 Jan 2022 By Family Trust F1, 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 -1,384 -10% $0.000000 12,455 15 Jan 2022 Common Stock 1,384 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,285 -50% $0.000000 2,285 15 Jan 2022 Common Stock 2,285 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2,319 -16.7% $0.000000 11,598 15 Jan 2022 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 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 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.
F5 The remaining RSUs fully vest on 04/15/2022.
F6 The remaining RSUs vest on 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.