Muhammad Raghib Hussain - 31 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
31 Jan 2022
Net transactions value
-$575,984
Form type
4
Filing time
01 Feb 2022, 20:40:13 UTC
Previous filing
19 Jan 2022
Next filing
20 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 +16,269 +2.5% $0.000000 672,147 31 Jan 2022 Direct
transaction MRVL Common Stock Tax liability $575,984 -8,067 -1.2% $71.40 664,080 31 Jan 2022 Direct F1
holding MRVL Common Stock 88,081 31 Jan 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 -16,269 -100% $0.000000* 0 31 Jan 2022 Common Stock 16,269 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.