Muhammad Raghib Hussain - Jan 31, 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 31, 2022
Transactions value $
-$575,984
Form type
4
Date filed
2/1/2022, 08:40 PM
Previous filing
Jan 19, 2022
Next filing
Apr 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +16.3K +2.48% $0.00 672K Jan 31, 2022 Direct
transaction MRVL Common Stock Tax liability -$576K -8.07K -1.2% $71.40 664K Jan 31, 2022 Direct F1
holding MRVL Common Stock 88.1K Jan 31, 2022 By Family Trusts F2

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 -16.3K -100% $0.00* 0 Jan 31, 2022 Common Stock 16.3K Direct F3, F4
* 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 unit ("RSUs").
F2 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 This award fully vested on 01/31/2022.