MITCHELL GAYNOR - 15 Jan 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, CALO
Signature
Mitchell L. Gaynor by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2023
Net transactions value
-$122,417
Form type
4
Filing time
18 Jan 2023, 16:02:39 UTC
Previous filing
18 Oct 2022
Next filing
18 Apr 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 +2,816 +2.6% $0.000000 109,112 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $63,445 -1,560 -1.4% $40.67 107,552 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,614 +1.5% $0.000000 109,166 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $33,593 -826 -0.76% $40.67 108,340 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,257 +1.2% $0.000000 109,597 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $25,378 -624 -0.57% $40.67 108,973 15 Jan 2023 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 -2,816 -50% $0.000000 2,817 15 Jan 2023 Common Stock 2,816 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,614 -17% $0.000000 8,073 15 Jan 2023 Common Stock 1,614 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,257 -10% $0.000000 11,318 15 Jan 2023 Common Stock 1,257 Direct F2, F5
* 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 Each RSU represents a contingent right to receive one Marvell common share upon vesting.
F3 The remaining RSUs will vest on 04/15/2023.
F4 The remaining RSUs will vest on 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F5 The remaining RSUs will vest on 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.