Loi Nguyen - Dec 24, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Optical & CC Grp
Signature
Loi Nguyen by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Dec 24, 2021
Transactions value $
-$87,739
Form type
4
Date filed
12/28/2021, 07:09 PM
Previous filing
Dec 3, 2021
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Gift $0 -10K -4.6% $0.00 207K Dec 22, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +292 +0.14% $0.00 208K Dec 24, 2021 Direct F2
transaction MRVL Common Stock Tax liability -$12.7K -145 -0.07% $87.68 208K Dec 24, 2021 Direct F3
transaction MRVL Common Stock Options Exercise $0 +691 +0.33% $0.00 209K Dec 24, 2021 Direct
transaction MRVL Common Stock Tax liability -$30.1K -343 -0.16% $87.68 208K Dec 24, 2021 Direct F3
transaction MRVL Common Stock Sale -$45K -495 -0.24% $90.81 208K Dec 28, 2021 Direct F4

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 F5, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -691 -100% $0.00* 0 Dec 24, 2021 Common Stock 691 Direct F5, F6
* 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 of 10,000 shares. No value was received for the gifted shares. Transaction voluntarily reported earlier than required.
F2 Number includes 324 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on December 7, 2021.
F3 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F4 The sales reported in this Form 4 were effected pursuant to a Rule 1 0b5-1 trading plan adopted by the reported person.
F5 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F6 This award fully vested on December 24, 2021.