Nariman Yousefi - 15 Nov 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: EVP, Auto Coherent DSP&Switch
Signature: Nariman Yousefi by Blair Walters as Attorney-in-Fact
Issuer symbol: MRVL
Transactions as of: 15 Nov 2021
Net transactions value: -$62,565
Form type: 4
Filing time: 17 Nov 2021, 12:33:19 UTC
Previous filing: 28 Sep 2021
Next filing: 03 Dec 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	+1,730	+0.92%	$0.000000	189,696	15 Nov 2021	Direct
transaction	MRVL	Common Stock	Tax liability	$62,565	-858	-0.45%	$72.92	188,838	15 Nov 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	-1,730	-9.1%	$0.000000	17,298	15 Nov 2021	Common Stock	1,730		Direct	F2, F3

* 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 02/15/2022, 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.