Dan Christman - Jan 15, 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
Stock symbol
MRVL
Transactions as of
Jan 15, 2022
Transactions value $
-$283,777
Form type
4
Date filed
1/19/2022, 11:37 AM
Previous filing
Nov 29, 2021
Next filing
Mar 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.62K $0.00 1.62K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$66.5K -801 -49.6% $83.00 814 Jan 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.46K +302.21% $0.00 3.27K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$108K -1.3K -39.83% $83.00 1.97K Jan 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.65K +134.52% $0.00 4.62K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$109K -1.31K -28.44% $83.00 3.31K Jan 15, 2022 Direct F1
holding MRVL Common Stock 135K Jan 15, 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 -1.62K -10% $0.00 14.5K Jan 15, 2022 Common Stock 1.62K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.46K -49.99% $0.00 2.46K Jan 15, 2022 Common Stock 2.46K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2.65K -16.66% $0.00 13.3K Jan 15, 2022 Common Stock 2.65K 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.