Dan Christman - Jul 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Storage Business Group
Signature
Dan Christman by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 15, 2021
Transactions value $
-$185,871
Form type
4
Date filed
7/19/2021, 04:14 PM
Next filing
Oct 18, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.61K +2.63% $0.00 62.9K Jul 15, 2021 Direct F1
transaction MRVL Common Stock Tax liability -$44.6K -801 -1.27% $55.70 62.1K Jul 15, 2021 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2.46K +3.96% $0.00 64.5K Jul 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$68K -1.22K -1.89% $55.70 63.3K Jul 15, 2021 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2.65K +4.19% $0.00 66K Jul 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$73.2K -1.32K -1.99% $55.70 64.6K Jul 15, 2021 Direct 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 Restricted Stock Units Options Exercise $0 -1.61K -8.33% $0.00 17.8K Jul 15, 2021 Common Stock 1.61K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.46K -25.01% $0.00 7.38K Jul 15, 2021 Common Stock 2.46K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2.65K -12.5% $0.00 18.6K Jul 15, 2021 Common Stock 2.65K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 572 shares acquired under the Marvell 2000 Employee Stock Purchase Program on June 7, 2021.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSU's will vest on 10/15/2021, 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F5 The remaining RSUs will vest on 10/15/2021, 01/15/2022 and 04/15/2022.
F6 The remaining RSU's will vest on 10/15/2021, 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.