Nariman Yousefi - Sep 24, 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
Stock symbol
MRVL
Transactions as of
Sep 24, 2021
Transactions value $
-$31,169
Form type
4
Date filed
9/28/2021, 04:16 PM
Previous filing
Aug 17, 2021
Next filing
Nov 17, 2021

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% $0.00 188K Sep 24, 2021 Direct
transaction MRVL Common Stock Tax liability -$9.35K -147 -0.08% $63.61 188K Sep 24, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +691 +0.37% $0.00 188K Sep 24, 2021 Direct
transaction MRVL Common Stock Tax liability -$21.8K -343 -0.18% $63.61 188K Sep 24, 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 -50.34% $0.00 292 Sep 24, 2021 Common Stock 296 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -691 -50% $0.00 691 Sep 24, 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.