Nariman Yousefi - Jun 25, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Auto Coherent DSP&Switch
Signature
Nariman Yousefi by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jun 25, 2021
Transactions value $
-$27,700
Form type
4
Date filed
6/29/2021, 08:30 PM
Previous filing
May 18, 2021
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +295 +0.15% $0.00 194K Jun 25, 2021 Direct
transaction MRVL Common Stock Tax liability -$8.28K -147 -0.08% $56.30 194K Jun 25, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +694 +0.36% $0.00 194K Jun 25, 2021 Direct
transaction MRVL Common Stock Tax liability -$19.4K -345 -0.18% $56.30 187K Jun 25, 2021 Direct F1, F2

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 06/25/2021 Options Exercise $0 -295 -33.41% $0.00 588 Jun 25, 2021 Common Stock 295 Direct F3, F4
transaction MRVL 06/25/2021 Options Exercise $0 -694 -33.43% $0.00 1.38K Jun 25, 2021 Common Stock 694 Direct F3, F4
* 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 This number has been adjusted. The total shares held has been reduced to reflect the withholding of shares at the closing of the acquisition of Inphi Corporation on April 20, 2021, which withholding was not reported at that time.
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining restricted stock units vest on each of 09/24/2021 and 12/24/2021.