Dean Jarnac - Dec 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP Worldwide Sales
Signature
Dean Jarnac by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Dec 15, 2021
Transactions value $
-$84,747
Form type
4
Date filed
12/16/2021, 04:49 PM
Previous filing
Nov 29, 2021
Next filing
Jan 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.93K +2.45% $0.00 80.7K Dec 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$84.7K -959 -1.19% $88.37 79.8K Dec 15, 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 -1.93K -24.99% $0.00 5.8K Dec 15, 2021 Common Stock 1.93K 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 RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs vest quarterly on each of 03/15/2022, 06/15/2022 and 09/15/2022.