Edward H. Frank - 16 Jul 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: Director
Signature: Edward Frank 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, 17:46:13 UTC
Previous filing: 07 Jun 2021
Next filing: 06 Dec 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	+68%	$0.000000	16,429	16 Jul 2021	Direct
holding	MRVL	Common Stock						14,747	16 Jul 2021	By Family Trust	F1
holding	MRVL	Common Stock						14,747	16 Jul 2021	By Family 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	-6,651	-100%	$0.000000^*	0	16 Jul 2021	Common Stock	6,651		Direct	F3, F4
transaction	MRVL	Restricted Stock Units	Award	$0	+4,354		$0.000000	4,354	16 Jul 2021	Common Stock	4,354		Direct	F3, F5

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

Explanation of Responses:

Id	Content
F1	Held in the Naomi Mantor Frank 2015 Heritage Trust. This is a trust of which the Reporting Person is the trustee, for the benefit of a member of his immediate family.
F2	Held in the Whitton Anne Frank 2015 Heritage Trust. This is a trust of which the Reporting Person is the trustee, for the benefit of a member of his immediate family.
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.