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

Role
SVP, Chief Accounting Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 15, 2021
Transactions value $
-$70,850
Form type
4
Date filed
7/19/2021, 04:25 PM
Previous filing
Jun 17, 2021
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +538 +1.58% $0.00 34.7K Jul 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$11.8K -212 -0.61% $55.70 34.5K Jul 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.13K +3.29% $0.00 35.6K Jul 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$29.8K -535 -1.5% $55.70 35.1K Jul 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.16K +3.31% $0.00 36.2K Jul 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$29.2K -525 -1.45% $55.70 35.7K Jul 15, 2021 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 -538 -8.33% $0.00 5.92K Jul 15, 2021 Common Stock 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1.13K -24.99% $0.00 3.4K Jul 15, 2021 Common Stock 1.13K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.16K -12.49% $0.00 8.12K Jul 15, 2021 Common Stock 1.16K Direct F2, F5
* 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 restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs 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.
F4 The remaining RSUs will vest on 10/15/2021, 01/15/2022 and 04/15/2022.
F5 The remaining RSUs 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.