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

Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2021
Transactions value $
-$195,046
Form type
4
Date filed
10/19/2021, 05:18 PM
Previous filing
Sep 7, 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 +1.38K +3.16% $0.00 45.2K Oct 15, 2021 By Family Trust F1
transaction MRVL Common Stock Tax liability -$45.1K -687 -1.52% $65.65 44.6K Oct 15, 2021 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2.28K +5.13% $0.00 46.8K Oct 15, 2021 By Family Trust F1
transaction MRVL Common Stock Tax liability -$74.4K -1.13K -2.42% $65.65 45.7K Oct 15, 2021 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2.32K +5.08% $0.00 48K Oct 15, 2021 By Family Trust F1
transaction MRVL Common Stock Tax liability -$75.6K -1.15K -2.4% $65.65 46.9K Oct 15, 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 -1.38K -9.09% $0.00 13.8K Oct 15, 2021 Common Stock 1.38K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.28K -33.32% $0.00 4.57K Oct 15, 2021 Common Stock 2.28K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2.32K -14.29% $0.00 13.9K Oct 15, 2021 Common Stock 2.32K 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.