Willem A. Meintjes - 15 Apr 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
SVP, Chief Accounting Officer
Signature
/s/ Willem Meintjes by Blair Walters as attorney-in-fact
Issuer symbol
MRVL
Transactions as of
15 Apr 2022
Net transactions value
-$788,769
Form type
4
Filing time
19 Apr 2022, 20:56:03 UTC
Previous filing
19 Jan 2022
Next filing
19 Jul 2022
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 +1,134 +1.8% $0.000000 63,431 15 Apr 2022 Direct
transaction MRVL Common Stock Tax liability $20,974 -344 -0.54% $60.97 63,087 15 Apr 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +27,204 +43% $0.000000 90,291 15 Apr 2022 Direct
transaction MRVL Common Stock Tax liability $739,810 -12,134 -13% $60.97 78,157 15 Apr 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,160 +1.5% $0.000000 79,317 15 Apr 2022 Direct
transaction MRVL Common Stock Tax liability $19,937 -327 -0.41% $60.97 78,990 15 Apr 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +538 +0.68% $0.000000 79,528 15 Apr 2022 Direct
transaction MRVL Common Stock Tax liability $8,048 -132 -0.17% $60.97 79,396 15 Apr 2022 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 -1,134 -100% $0.000000* 0 15 Apr 2022 Common Stock 1,134 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -27,204 -100% $0.000000* 0 15 Apr 2022 Common Stock 27,204 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,160 -20% $0.000000 4,639 15 Apr 2022 Common Stock 1,160 Direct F2, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -538 -11% $0.000000 4,306 15 Apr 2022 Common Stock 538 Direct F2, F6
transaction MRVL Restricted Stock Units Award $0 +9,185 $0.000000 9,185 15 Apr 2022 Common Stock 9,185 Direct F2, F7
* 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 This award fully vested on April 15, 2022.
F4 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.
F5 The remaining RSUs will vest on 07/15/2022, 10/15/22, 01/15/2023 and 04/15/2023.
F6 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.
F7 The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.