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

Role
EVP, Storage Business Group
Signature
Dan Christman by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2021
Transactions value $
-$219,008
Form type
4
Date filed
10/18/2021, 08:44 PM
Previous filing
Jul 19, 2021
Next filing
Nov 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.61K +2.5% $0.00 66.3K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$52.6K -801 -1.21% $65.65 65.5K Oct 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.46K +3.76% $0.00 67.9K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$80.1K -1.22K -1.8% $65.65 66.7K Oct 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.65K +3.97% $0.00 69.4K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$86.3K -1.32K -1.9% $65.65 68K Oct 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 -1.61K -9.09% $0.00 16.1K Oct 15, 2021 Common Stock 1.61K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2.46K -33.33% $0.00 4.92K Oct 15, 2021 Common Stock 2.46K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.65K -14.29% $0.00 15.9K Oct 15, 2021 Common Stock 2.65K 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 RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs will 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 will vest on 01/15/2022 and 04/15/2022.
F5 The remaining RSUs will vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.