| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MRVL | Common Stock | Sale | -$853K | -20K | -7.48% | $42.66 | 247K | May 17, 2021 | By Trust | F1, F2, F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MRVL | Restricted Stock Units | Award | $0 | +90.2K | $0.00 | 90.2K | Apr 15, 2021 | Common Stock | 90.2K | Direct | F4, F5, F6 |
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 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 $42.26 to $43.18, 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 ("SEC"), 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 | Each restricted stock unit represents a contingent right to receive one Marvell common share upon vesting. |
| F5 | This RSU grant on April 15, 2021 was inadvertently listed as 101,477 shares on the Form 3 filed for Mr. Murphy on April 21, 2021. |
| F6 | The Restricted Stock Units will vest in equal quarterly installments over three years, and were granted as part of the annual grant process. |