Muhammad Raghib Hussain - Jan 15, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
Muhammad Raghib Hussain by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2022
Transactions value $
-$711,310
Form type
4
Date filed
1/19/2022, 08:31 PM
Previous filing
Dec 1, 2021
Next filing
Feb 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Gift $0 -10K -1.5% $0.00 657K Dec 7, 2021 Direct F1
transaction MRVL Common Stock Gift $0 -10K -1.52% $0.00 647K Dec 23, 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +6.85K +1.06% $0.00 654K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$289K -3.48K -0.53% $83.00 651K Jan 15, 2022 Direct F2
transaction MRVL Common Stock Options Exercise $0 +6.96K +1.07% $0.00 658K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$286K -3.45K -0.52% $83.00 654K Jan 15, 2022 Direct F2
transaction MRVL Common Stock Options Exercise $0 +3.31K +0.51% $0.00 658K Jan 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$136K -1.64K -0.25% $83.00 656K Jan 15, 2022 Direct F2
holding MRVL Common Stock 88.1K Jan 15, 2022 By Family Trusts F3

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 -6.85K -50% $0.00 6.85K Jan 15, 2022 Common Stock 6.85K Direct F4, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -6.96K -16.67% $0.00 34.8K Jan 15, 2022 Common Stock 6.96K Direct F4, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -3.31K -10% $0.00 29.8K Jan 15, 2022 Common Stock 3.31K Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reported disposition represents a bona fide charitable gift made by the Reporting Person to the Raghib Hussain Family Foundation. This is a voluntary early filing.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock unit ("RSUs").
F3 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F4 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5 The remaining RSUs vest fully on 04/15/2022.
F6 The remaining RSUs vest on each of 4/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 4/15/2023.
F7 The remaining RSUs vest on each of 4/15/2022, 07/15/2022, 10/15/2022, 1/15/2023 and 4/15/2023, 7/15/2023, 10/15/2023, 1/15/2024 and 4/15/2024.