Dean Jarnac - 15 Sep 2022 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 Sep 2022
Transactions value $
-$44,757
Form type
4
Filing time
16 Sep 2022, 14:22:45 UTC
Previous filing
19 Jul 2022
Next filing
18 Oct 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 +1.93K +3.06% $0.00 65.1K 15 Sep 2022 Direct
transaction MRVL Common Stock Tax liability -$44.8K -959 -1.47% $46.67 64.1K 15 Sep 2022 Direct F1
holding MRVL Common Stock 24.9K 15 Sep 2022 By Trust 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 -1.93K -100% $0.00* 0 15 Sep 2022 Common Stock 1.93K Direct F3, F4
* 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 Shares are held in a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 This award fully vested on September 15, 2022.