Willem A. Meintjes - 15 Oct 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
Issuer symbol
MRVL
Transactions as of
15 Oct 2021
Net transactions value
-$82,325
Form type
4
Filing time
19 Oct 2021, 12:53:13 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 +538 +1.5% $0.000000 36,232 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $13,983 -213 -0.59% $65.65 36,019 15 Oct 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,134 +3.1% $0.000000 37,153 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $34,598 -527 -1.4% $65.65 36,626 15 Oct 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,160 +3.2% $0.000000 37,786 15 Oct 2021 Direct
transaction MRVL Common Stock Tax liability $33,744 -514 -1.4% $65.65 37,272 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 -538 -9.1% $0.000000 5,382 15 Oct 2021 Common Stock 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,134 -33% $0.000000 2,267 15 Oct 2021 Common Stock 1,134 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,160 -14% $0.000000 6,959 15 Oct 2021 Common Stock 1,160 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.