| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MRVL | Common Stock | Sale | -$1.82M | -30K | -5.64% | $60.64 | 502K | Apr 18, 2022 | By Trust | F1, F2, F3 |
| transaction | MRVL | Common Stock | Options Exercise | $0 | +11.6K | +2.31% | $0.00 | 513K | Apr 15, 2022 | By Trust | F3 |
| transaction | MRVL | Common Stock | Tax liability | -$323K | -5.3K | -1.03% | $60.97 | 508K | Apr 15, 2022 | By Trust | F3, F4 |
| transaction | MRVL | Common Stock | Options Exercise | $0 | +333K | +65.56% | $0.00 | 841K | Apr 15, 2022 | By Trust | F3 |
| transaction | MRVL | Common Stock | Tax liability | -$9.27M | -152K | -18.08% | $60.97 | 689K | Apr 15, 2022 | By Trust | F3, F4 |
| transaction | MRVL | Common Stock | Options Exercise | $0 | +14.9K | +2.16% | $0.00 | 704K | Apr 15, 2022 | By Trust | F3 |
| transaction | MRVL | Common Stock | Tax liability | -$385K | -6.31K | -0.9% | $60.97 | 698K | Apr 15, 2022 | By Trust | F3, F4 |
| transaction | MRVL | Common Stock | Options Exercise | $0 | +7.52K | +1.08% | $0.00 | 705K | Apr 15, 2022 | By Trust | F3 |
| transaction | MRVL | Common Stock | Tax liability | -$203K | -3.33K | -0.47% | $60.97 | 702K | Apr 15, 2022 | By Trust | F3, F4 |
| 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 | -11.6K | -100% | $0.00* | 0 | Apr 15, 2022 | Common Stock | 11.6K | Direct | F5, F6 | |
| transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -333K | -100% | $0.00* | 0 | Apr 15, 2022 | Common Stock | 333K | Direct | F5, F7 | |
| transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -14.9K | -20% | $0.00 | 59.6K | Apr 15, 2022 | Common Stock | 14.9K | Direct | F5, F8 | |
| transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -7.52K | -11.11% | $0.00 | 60.1K | Apr 15, 2022 | Common Stock | 7.52K | Direct | F5, F9 | |
| transaction | MRVL | Restricted Stock Units | Award | $0 | +73.8K | $0.00 | 73.8K | Apr 15, 2022 | Common Stock | 73.8K | Direct | F5, F10 |
| Id | Content |
|---|---|
| F1 | The sale of these shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. |
| F2 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.16 to $61.22, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. |
| F3 | Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007. |
| F4 | Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs"). |
| F5 | Each RSU represents a contingent right to receive one Marvell common share upon vesting. |
| F6 | This award fully vested on April 15, 2022. |
| F7 | This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2019. The achievement levels of the relative TSR performance metrics applicable to the award and the number of shares earned based on such results were certified on 04/15/2022. |
| F8 | The remaining RSUs will vest on 07/15/2022, 10/15/22, 01/15/2023 and 04/15/2023. |
| F9 | The remaining RSUs will vest on 07/15/2022, 10/15/22, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024. |
| F10 | The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process. |