Hussain Muhammad Raghib - Oct 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: President, Products & Tech
Signature: Muhammad Raghib Hussain by Blair Walters as Attorney-in-Fact
Stock symbol: MRVL
Transactions as of: Oct 15, 2021
Transactions value $: -$566,953
Form type: 4
Date filed: 10/19/2021, 09:32 PM
Previous filing: Oct 1, 2021
Next filing: Nov 18, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRVL	Common Stock	Gift	$0	-300K	-34.96%	$0.00	559K	Oct 15, 2021	Direct	F1
transaction	MRVL	Common Stock	Options Exercise	$0	+3.31K	+0.59%	$0.00	562K	Oct 15, 2021	Direct
transaction	MRVL	Common Stock	Tax liability	-$108K	-1.64K	-0.29%	$65.65	561K	Oct 15, 2021	Direct	F2
transaction	MRVL	Common Stock	Options Exercise	$0	+6.85K	+1.22%	$0.00	567K	Oct 15, 2021	Direct
transaction	MRVL	Common Stock	Tax liability	-$223K	-3.4K	-0.6%	$65.65	564K	Oct 15, 2021	Direct	F2
transaction	MRVL	Common Stock	Options Exercise	$0	+6.96K	+1.23%	$0.00	571K	Oct 15, 2021	Direct
transaction	MRVL	Common Stock	Tax liability	-$227K	-3.45K	-0.6%	$65.65	568K	Oct 15, 2021	Direct	F2
transaction	MRVL	Common Stock	Options Exercise	$0	+296	+0.05%	$0.00	568K	Oct 15, 2021	Direct
transaction	MRVL	Common Stock	Tax liability	-$9.65K	-147	-0.03%	$65.65	568K	Oct 15, 2021	Direct	F2
holding	MRVL	Common Stock						88.1K	Oct 15, 2021	By Family Trusts	F3

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	-3.31K	-9.09%	$0.00	33.1K	Oct 15, 2021	Common Stock	3.31K		Direct	F4, F5
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-6.85K	-33.33%	$0.00	13.7K	Oct 15, 2021	Common Stock	6.85K		Direct	F4, F6
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-6.96K	-14.29%	$0.00	41.8K	Oct 15, 2021	Common Stock	6.96K		Direct	F4, F7
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	+296		$0.00^*	0	Oct 15, 2021	Common Stock	296		Direct	F4, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This is a bona fide gift and a voluntary early filing.
F2	Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3	Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F4	Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5	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.
F6	The remaining RSUs will vest on 01/15/2022 and 04/15/2022.
F7	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.
F8	On October 15, 2021 an RSU grant was made to Mr. Hussain for 296 shares. This grant was made to correct an administrative error. The shares fully vested on the grant date.