Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MRVL | Common Stock | Sale | -$1.78M | -22.3K | -11.94% | $79.94 | 164K | Jan 18, 2022 | Direct | F1, F2 |
transaction | MRVL | Common Stock | Options Exercise | $0 | +2.46K | +1.5% | $0.00 | 167K | Jan 15, 2022 | Direct | |
transaction | MRVL | Common Stock | Tax liability | -$51.6K | -622 | -0.37% | $83.00 | 166K | Jan 15, 2022 | Direct | F3 |
transaction | MRVL | Common Stock | Options Exercise | $0 | +3.87K | +2.33% | $0.00 | 170K | Jan 15, 2022 | Direct | |
transaction | MRVL | Common Stock | Tax liability | -$106K | -1.28K | -0.75% | $83.00 | 169K | Jan 15, 2022 | Direct | F3 |
transaction | MRVL | Common Stock | Options Exercise | $0 | +3.98K | +2.36% | $0.00 | 173K | Jan 15, 2022 | Direct | |
transaction | MRVL | Common Stock | Tax liability | -$96.5K | -1.16K | -0.67% | $83.00 | 172K | Jan 15, 2022 | Direct | F3 |
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 | -2.46K | -10% | $0.00 | 22.1K | Jan 15, 2022 | Common Stock | 2.46K | Direct | F4, F5 | |
transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -3.87K | -49.99% | $0.00 | 3.87K | Jan 15, 2022 | Common Stock | 3.87K | Direct | F4, F6 | |
transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -3.98K | -16.67% | $0.00 | 19.9K | Jan 15, 2022 | Common Stock | 3.98K | Direct | F4, F7 |
Id | Content |
---|---|
F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person. |
F2 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.16 to $80.89, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. |
F3 | Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs"). |
F4 | Each RSU represents a contingent right to receive one Marvell common share upon vesting. |
F5 | 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. |
F6 | The remaining RSUs will fully vest on 04/15/2022. |
F7 | The remaining RSUs will vest on 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023. |