Chris Koopmans - 15 Jan 2023 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 2023
Transactions value $
-$154,099
Form type
4
Filing time
18 Jan 2023, 14:27:11 UTC
Previous filing
18 Oct 2022
Next filing
03 Feb 2023
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 +2,319 +1.96% $0.000000 120,510 15 Jan 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$52,260 -1,285 -1.07% $40.67 119,225 15 Jan 2023 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1,383 +1.16% $0.000000 120,608 15 Jan 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$30,421 -748 -0.62% $40.67 119,860 15 Jan 2023 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1,367 +1.14% $0.000000 121,227 15 Jan 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$27,574 -678 -0.56% $40.67 120,549 15 Jan 2023 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2,187 +1.81% $0.000000 122,736 15 Jan 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$43,842 -1,078 -0.88% $40.67 121,658 15 Jan 2023 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 -2,319 -50% $0.000000 2,320 15 Jan 2023 Common Stock 2,319 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,383 -16.7% $0.000000 6,920 15 Jan 2023 Common Stock 1,383 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -1,367 -10% $0.000000 12,302 15 Jan 2023 Common Stock 1,367 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -2,187 -10% $0.000000 19,683 15 Jan 2023 Common Stock 2,187 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 restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs vest 04/15/2023.
F5 The remaining RSUs vest quarterly on each of 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6 The remaining RSUs vest quarterly on each of 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