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

Role
EVP Worldwide Sales
Signature
Dean Jarnac by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2021
Transactions value $
-$148,697
Form type
4
Date filed
10/19/2021, 12:49 PM
Previous filing
Sep 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 +1.38K +4.48% $0.00 32.3K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$45.1K -687 -2.13% $65.65 31.6K Oct 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +861 +2.73% $0.00 32.4K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$28K -427 -1.32% $65.65 32K Oct 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.32K +7.25% $0.00 34.3K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$75.6K -1.15K -3.35% $65.65 33.2K 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 -1.38K -9.09% $0.00 13.8K Oct 15, 2021 Common Stock 1.38K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -861 -33.32% $0.00 1.72K Oct 15, 2021 Common Stock 861 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.32K -14.29% $0.00 13.9K Oct 15, 2021 Common Stock 2.32K 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 vest quarterly on each of 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 each of 01/15/2022 and 04/15/2022.
F5 The remaining RSU's will vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.