Loi Nguyen - 15 May 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Optical & CC Grp
Signature
Loi Nguyen by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 May 2023
Transactions value $
-$36,096
Form type
4
Filing time
16 May 2023, 17:10:31
Previous filing
26 Apr 2023
Next filing
30 May 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 +1.73K +0.74% $0.00 235K 15 May 2023 Direct
transaction MRVL Common Stock Tax liability -$36.1K -858 -0.36% $42.07 234K 15 May 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 -1.73K -20% $0.00 6.92K 15 May 2023 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 ("RSUs").
F2 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs will vest on 08/15/2023, 11/15/2023, 02/15/2024 and 05/15/2024.