Dan Christman - 15 Jan 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Storage Business Group
Signature
Dan Christman by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2022
Net transactions value
-$283,777
Form type
4
Filing time
19 Jan 2022, 11:37:36 UTC
Previous filing
29 Nov 2021
Next filing
31 Mar 2022
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 +1,615 $0.000000 1,615 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $66,483 -801 -50% $83.00 814 15 Jan 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,460 +302% $0.000000 3,274 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $108,232 -1,304 -40% $83.00 1,970 15 Jan 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,650 +135% $0.000000 4,620 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $109,062 -1,314 -28% $83.00 3,306 15 Jan 2022 Direct F1
holding MRVL Common Stock 135,203 15 Jan 2022 By Trust 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 -1,615 -10% $0.000000 14,530 15 Jan 2022 Common Stock 1,615 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,460 -50% $0.000000 2,461 15 Jan 2022 Common Stock 2,460 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2,650 -17% $0.000000 13,255 15 Jan 2022 Common Stock 2,650 Direct F3, F6
* 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 Shares are held in the Christman Family Trust, U/A DTD dated 02/02/2011, of which Daniel S. Christman is the trustee.
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs will vest on 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.
F5 The remaining RSUs fully vest on 04/15/2022.
F6 The remaining RSUs will vest on 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.