NARIMAN YOUSEFI - 15 Feb 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: EVP, Auto Coherent DSP&Switch
Signature: Nariman Yousefi by Blair Walters as Attorney-in-Fact
Issuer symbol: MRVL
Transactions as of: 15 Feb 2022
Net transactions value: -$72,538
Form type: 4
Filing time: 17 Feb 2022, 12:12:34 UTC
Previous filing: 04 Jan 2022
Next filing: 03 Mar 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	+1,730	+0.66%	$0.000000	263,455	15 Feb 2022	Direct
transaction	MRVL	Common Stock	Tax liability	$72,538	-978	-0.37%	$74.17	262,477	15 Feb 2022	Direct	F1

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	-1,730	-10%	$0.000000	15,568	15 Feb 2022	Common Stock	1,730		Direct	F2, F3

* 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 units ("RSUs").
F2	Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3	The remaining RSUs will vest on 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.