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

Role
EVP Worldwide Sales
Signature
Dean Jarnac by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Sep 2021
Net transactions value
-$59,899
Form type
4
Filing time
17 Sep 2021, 19:19:14 UTC
Previous filing
17 Aug 2021
Next filing
19 Oct 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 +1,934 +6.5% $0.000000 31,838 15 Sep 2021 Direct
transaction MRVL Common Stock Tax liability $59,899 -959 -3% $62.46 30,879 15 Sep 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 -1,934 -20% $0.000000 7,734 15 Sep 2021 Common Stock 1,934 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.