Muhammad Raghib Hussain - 15 Jan 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
Issuer symbol
MRVL
Transactions as of
15 Jan 2022
Net transactions value
-$711,310
Form type
4
Filing time
19 Jan 2022, 20:31:06 UTC
Previous filing
01 Dec 2021
Next filing
01 Feb 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 Gift $0 -10,000 -1.5% $0.000000 657,330 07 Dec 2021 Direct F1
transaction MRVL Common Stock Gift $0 -10,000 -1.5% $0.000000 647,330 23 Dec 2021 Direct F1
transaction MRVL Common Stock Options Exercise $0 +6,854 +1.1% $0.000000 654,184 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $288,840 -3,480 -0.53% $83.00 650,704 15 Jan 2022 Direct F2
transaction MRVL Common Stock Options Exercise $0 +6,958 +1.1% $0.000000 657,662 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $286,350 -3,450 -0.52% $83.00 654,212 15 Jan 2022 Direct F2
transaction MRVL Common Stock Options Exercise $0 +3,306 +0.51% $0.000000 657,518 15 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $136,120 -1,640 -0.25% $83.00 655,878 15 Jan 2022 Direct F2
holding MRVL Common Stock 88,081 15 Jan 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 -6,854 -50% $0.000000 6,854 15 Jan 2022 Common Stock 6,854 Direct F4, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -6,958 -17% $0.000000 34,792 15 Jan 2022 Common Stock 6,958 Direct F4, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -3,306 -10% $0.000000 29,751 15 Jan 2022 Common Stock 3,306 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.