Dean Jarnac - Sep 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP Worldwide Sales
Signature
Dean Jarnac by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Sep 15, 2021
Transactions value $
-$59,899
Form type
4
Date filed
9/17/2021, 07:19 PM
Previous filing
Aug 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 +1.93K +6.47% $0.00 31.8K Sep 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$59.9K -959 -3.01% $62.46 30.9K Sep 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 -1.93K -20% $0.00 7.73K Sep 15, 2021 Common Stock 1.93K Direct F2, F3
* 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 RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs vest quarterly on each of 12/15/2021, 03/15/2022, 06/15/2022 and 09/15/2022.