Hussain Muhammad Raghib - Jun 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
Raghib Hussain by Blair Walters as Attorney in Fact
Stock symbol
MRVL
Transactions as of
Jun 15, 2021
Transactions value $
-$2,705,652
Form type
4
Date filed
6/17/2021, 07:04 PM
Next filing
Jul 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Shares Options Exercise $0 +102K +13.41% $0.00 861K Jun 15, 2021 Direct F1, F2
transaction MRVL Common Shares Tax liability -$2.71M -50.5K -5.86% $53.59 811K Jun 15, 2021 Direct F3
holding MRVL Common Shares 88.1K Jun 15, 2021 By Family Trusts F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully vested RSUs granted to correct administrative error related to equity grant held by the Reporting Person.
F2 Includes 572 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2021.
F3 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F4 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.