Muhammad Raghib Hussain - Jul 15, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: President, Products & Tech
Signature: Muhammad Raghib Hussain by Blair Walters as Attorney-in-Fact
Stock symbol: MRVL
Transactions as of: Jul 15, 2022
Transactions value $: -$321,338
Form type: 4
Date filed: 7/19/2022, 04:03 PM
Previous filing: Apr 20, 2022
Next filing: Aug 3, 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	+6.96K	+0.98%	$0.00	717K	Jul 15, 2022	Direct	F1
transaction	MRVL	Common Stock	Tax liability	-$166K	-3.45K	-0.48%	$48.22	714K	Jul 15, 2022	Direct	F2
transaction	MRVL	Common Stock	Options Exercise	$0	+3.31K	+0.46%	$0.00	717K	Jul 15, 2022	Direct
transaction	MRVL	Common Stock	Tax liability	-$79.1K	-1.64K	-0.23%	$48.22	716K	Jul 15, 2022	Direct	F2
transaction	MRVL	Common Stock	Options Exercise	$0	+3.17K	+0.44%	$0.00	719K	Jul 15, 2022	Direct
transaction	MRVL	Common Stock	Tax liability	-$75.9K	-1.57K	-0.22%	$48.22	717K	Jul 15, 2022	Direct	F2
holding	MRVL	Common Stock						88.1K	Jul 15, 2022	By Family Trusts	F3

Showing 1 to 7 of 7 entries

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	-6.96K	-25%	$0.00	20.9K	Jul 15, 2022	Common Stock	6.96K		Direct	F4, F5
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-3.31K	-12.5%	$0.00	23.1K	Jul 15, 2022	Common Stock	3.31K		Direct	F4, F6
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-3.17K	-8.33%	$0.00	34.9K	Jul 15, 2022	Common Stock	3.17K		Direct	F4, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 573 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2022.
F2	Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3	Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F4	Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5	The remaining RSUs will vest on 10/15/2022, 01/15/2023 and 04/15/2023.
F6	The remaining RSUs will vest on 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F7	The remaining RSUs will vest on 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.