Michael Strachan - Jul 16, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Director
Signature
Michael Strachan by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 16, 2021
Transactions value $
$0
Form type
4
Date filed
7/20/2021, 04:54 PM
Next filing
Sep 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +6.65K +23.79% $0.00 34.6K Jul 16, 2021 By Trust F1
holding MRVL Common Stock 12.9K Jul 16, 2021 By IRA F2
holding MRVL Common Stock 7.83K Jul 16, 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 -6.65K -100% $0.00* 0 Jul 16, 2021 Common Stock 6.65K Direct F4, F5
transaction MRVL Restricted Stock Units Award $0 +4.35K $0.00 4.35K Jul 16, 2021 Common Stock 4.35K 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.