Dan Christman - 15 Oct 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
Issuer symbol
MRVL
Transactions as of
15 Oct 2021
Net transactions value
-$219,008
Form type
4
Filing time
18 Oct 2021, 20:44:51 UTC
Previous filing
19 Jul 2021
Next filing
29 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 66,262 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $52,586 -801 -1.2% $65.65 65,461 15 Oct 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,460 +3.8% $0.000000 67,921 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $80,093 -1,220 -1.8% $65.65 66,701 15 Oct 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,651 +4% $0.000000 69,352 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $86,330 -1,315 -1.9% $65.65 68,037 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 -2,460 -33% $0.000000 4,921 15 Oct 2021 Common Stock 2,460 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,651 -14% $0.000000 15,905 15 Oct 2021 Common Stock 2,651 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.