Willem A. Meintjes - Oct 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
SVP, Chief Accounting Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2021
Transactions value $
-$82,325
Form type
4
Date filed
10/19/2021, 12:53 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 +538 +1.51% $0.00 36.2K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$14K -213 -0.59% $65.65 36K Oct 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.13K +3.15% $0.00 37.2K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$34.6K -527 -1.42% $65.65 36.6K Oct 15, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.16K +3.17% $0.00 37.8K Oct 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$33.7K -514 -1.36% $65.65 37.3K 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 -538 -9.09% $0.00 5.38K Oct 15, 2021 Common Stock 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1.13K -33.34% $0.00 2.27K Oct 15, 2021 Common Stock 1.13K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.16K -14.29% $0.00 6.96K Oct 15, 2021 Common Stock 1.16K 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 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.