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

Role
Director
Signature
Ford Tamer 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, 05:22 PM
Next filing
Nov 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.33K +0.25% $0.00 531K Jul 16, 2021 Direct F1
holding MRVL Common Stock 443K Jul 16, 2021 By Trust 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 -1.33K -100% $0.00* 0 Jul 16, 2021 Common Stock 1.33K Direct F3, F4
transaction MRVL Restricted Stock Units Award $0 +4.35K $0.00 4.35K Jul 16, 2021 Common Stock 4.35K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Shares are held in the Fouad and Roula Tamer Revocable Trust dated 04/01/2004.
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F4 These RSUs vested as to 100% of the shares on July 16, 2021.
F5 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.