Dean Jarnac - Aug 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Executive Vice President, Worldwide Sales
Signature
s/ Dean E. Jarnac, Jr. by Blair Walters as attorney-in-fact
Stock symbol
MRVL
Transactions as of
Aug 15, 2021
Transactions value $
-$13,044
Form type
4
Date filed
8/17/2021, 06:34 PM
Previous filing
Jul 19, 2021
Next filing
Sep 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +434 +1.46% $0.00 30.1K Aug 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$13K -216 -0.72% $60.39 29.9K Aug 15, 2021 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 -434 -33.36% $0.00 867 Aug 15, 2021 Common Stock 434 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 11/15/2021 and 2/15/2022.

Remarks:

Executive Vice President, Worldwide Sales