Nariman Yousefi - Dec 24, 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
Stock symbol
MRVL
Transactions as of
Dec 24, 2021
Transactions value $
-$42,788
Form type
4
Date filed
12/28/2021, 03:58 PM
Previous filing
Dec 3, 2021
Next filing
Jan 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +292 +0.15% $0.00 194K Dec 24, 2021 Direct F1
transaction MRVL Common Stock Tax liability -$12.7K -145 -0.07% $87.68 194K Dec 24, 2021 Direct F2
transaction MRVL Common Stock Options Exercise $0 +691 +0.36% $0.00 195K Dec 24, 2021 Direct
transaction MRVL Common Stock Tax liability -$30.1K -343 -0.18% $87.68 194K Dec 24, 2021 Direct 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 -292 -100% $0.00* 0 Dec 24, 2021 Common Stock 292 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -691 -100% $0.00* 0 Dec 24, 2021 Common Stock 691 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 492 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on December 7, 2021.
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 This award fully vested on 12/24/2021.