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

Role
EVP, Chief Operations Officer
Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2021
Net transactions value
-$195,046
Form type
4
Filing time
19 Oct 2021, 17:18:11 UTC
Previous filing
07 Sep 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 +1,384 +3.2% $0.000000 45,237 15 Oct 2021 By Family Trust F1
transaction MRVL Common Stock Tax liability $45,102 -687 -1.5% $65.65 44,550 15 Oct 2021 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2,284 +5.1% $0.000000 46,834 15 Oct 2021 By Family Trust F1
transaction MRVL Common Stock Tax liability $74,381 -1,133 -2.4% $65.65 45,701 15 Oct 2021 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2,320 +5.1% $0.000000 48,021 15 Oct 2021 By Family Trust F1
transaction MRVL Common Stock Tax liability $75,563 -1,151 -2.4% $65.65 46,870 15 Oct 2021 By Family Trust F1, F2

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 -1,384 -9.1% $0.000000 13,839 15 Oct 2021 Common Stock 1,384 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,284 -33% $0.000000 4,570 15 Oct 2021 Common Stock 2,284 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2,320 -14% $0.000000 13,917 15 Oct 2021 Common Stock 2,320 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs 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.
F5 The remaining RSUs vest on 01/15/2022 and 04/15/2022.
F6 The remaining RSUs vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.