Nariman Yousefi - 24 Sep 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Auto Coherent DSP&Switch
Signature
Nariman Yousefi by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
24 Sep 2021
Net transactions value
-$31,169
Form type
4
Filing time
28 Sep 2021, 16:16:42 UTC
Previous filing
17 Aug 2021
Next filing
17 Nov 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 +296 +0.16% $0.000000 187,765 24 Sep 2021 Direct
transaction MRVL Common Stock Tax liability $9,351 -147 -0.08% $63.61 187,618 24 Sep 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +691 +0.37% $0.000000 188,309 24 Sep 2021 Direct
transaction MRVL Common Stock Tax liability $21,818 -343 -0.18% $63.61 187,966 24 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 -296 -50% $0.000000 292 24 Sep 2021 Common Stock 296 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -691 -50% $0.000000 691 24 Sep 2021 Common Stock 691 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 restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining restricted stock units vest on 12/24/2021.