Mitchell Gaynor - 15 Oct 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, CALO
Signature
Mitchell Gaynor by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2021
Net transactions value
-$230,103
Form type
4
Filing time
18 Oct 2021, 20:38:15 UTC
Previous filing
19 Jul 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 +1,614 +2.5% $0.000000 66,938 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $52,586 -801 -1.2% $65.65 66,137 15 Oct 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,636 +4% $0.000000 68,773 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $85,805 -1,307 -1.9% $65.65 67,466 15 Oct 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,817 +4.2% $0.000000 70,283 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $91,713 -1,397 -2% $65.65 68,886 15 Oct 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 -1,614 -9.1% $0.000000 16,145 15 Oct 2021 Common Stock 1,614 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2,636 -33% $0.000000 5,273 15 Oct 2021 Common Stock 2,636 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,817 -14% $0.000000 16,899 15 Oct 2021 Common Stock 2,817 Direct F2, F5
* 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 RSUs vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F4 The remaining RSUs vest on 01/15/2022 and 04/15/2022.
F5 The remaining RSUs vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.