Willem A. Meintjes - Jan 15, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
SVP, Chief Accounting Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2022
Transactions value $
-$73,953
Form type
4
Date filed
1/19/2022, 01:49 PM
Previous filing
Dec 7, 2021
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +538 +0.89% $0.00 60.9K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$11K -132 -0.22% $83.00 60.8K Jan 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.13K +1.86% $0.00 61.9K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$33.9K -409 -0.66% $83.00 61.5K Jan 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.16K +1.89% $0.00 62.6K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$29.1K -350 -0.56% $83.00 62.3K Jan 15, 2022 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 -538 -10% $0.00 4.84K Jan 15, 2022 Common Shares 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1.13K -49.98% $0.00 1.13K Jan 15, 2022 Common Shares 1.13K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.16K -16.67% $0.00 5.8K Jan 15, 2022 Common Shares 1.16K Direct F2, F5
* 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 restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F3 The remaining RSUs vest on each of 4/15/2022, 7/15/2022, 10/15/2022, 1/15/2023, 4/15/2023, 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024.
F4 The remaining RSUs fully vest on 4/15/2022.
F5 The remaining RSUs vest on each of 4/15/2022, 7/15/2022, 10/15/2022, 1/15/2023 and 4/15/2023.