Willem A. Meintjes - 15 Jan 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
Issuer symbol
MRVL
Transactions as of
15 Jan 2022
Net transactions value
-$73,953
Form type
4
Filing time
19 Jan 2022, 13:49:47 UTC
Previous filing
07 Dec 2021
Next filing
19 Apr 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 +538 +0.89% $0.000000 60,895 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $10,956 -132 -0.22% $83.00 60,763 15 Jan 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,133 +1.9% $0.000000 61,896 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $33,947 -409 -0.66% $83.00 61,487 15 Jan 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,160 +1.9% $0.000000 62,647 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $29,050 -350 -0.56% $83.00 62,297 15 Jan 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% $0.000000 4,844 15 Jan 2022 Common Shares 538 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -1,133 -50% $0.000000 1,134 15 Jan 2022 Common Shares 1,133 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,160 -17% $0.000000 5,799 15 Jan 2022 Common Shares 1,160 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.