Nariman Yousefi - Aug 15, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: EVP, Auto Coherent DSP&Switch
Signature: Nariman Yousefi by Blair Walters as Attorney-in-Fact.
Stock symbol: MRVL
Transactions as of: Aug 15, 2022
Transactions value $: -$50,542
Form type: 4
Date filed: 8/17/2022, 01:58 PM
Previous filing: Jul 19, 2022
Next filing: Sep 6, 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	+1.73K	+0.61%	$0.00	284K	Aug 15, 2022	Direct
transaction	MRVL	Common Stock	Tax liability	-$50.5K	-911	-0.32%	$55.48	283K	Aug 15, 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	-1.73K	-12.49%	$0.00	12.1K	Aug 15, 2022	Common Stock	1.73K		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 RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3	The remaining RSU's will vest on 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024 and 05/15/2024.