MICHAEL G. STRACHAN - 16 Jul 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: Director
Signature: Michael Strachan by Blair Walters as Attorney-in-Fact
Issuer symbol: MRVL
Transactions as of: 16 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 20 Jul 2021, 16:54:28 UTC
Next filing: 14 Sep 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRVL	Common Stock	Options Exercise	$0	+6,651	+24%	$0.000000	34,608	16 Jul 2021	By Trust	F1
holding	MRVL	Common Stock						12,860	16 Jul 2021	By IRA	F2
holding	MRVL	Common Stock						7,830	16 Jul 2021	By Spouse IRA	F3

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	-6,651	-100%	$0.000000^*	0	16 Jul 2021	Common Stock	6,651		Direct	F4, F5
transaction	MRVL	Restricted Stock Units	Award	$0	+4,354		$0.000000	4,354	16 Jul 2021	Common Stock	4,354		Direct	F4, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares held under the Strachan Revocable Trust DTD 1/26/01, a trust of which the Reporting Person is a trustee and beneficiary.
F2	Shares held under the MSSB C/F IRA Standard Michael G. Strachan.
F3	Shares held under the MSSB C/F IRA Standard Patricia K. Strachan.
F4	Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F5	These RSUs vested as to 100% of the shares on July 16, 2021.
F6	Vests 100% of shares on the earlier of the next annual shareholder meeting of Marvell or the one year anniversary of the restricted stock unit grant.