Loi Nguyen - Apr 15, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Optical & CC Grp
Signature
Loi Nguyen by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Apr 15, 2022
Transactions value $
-$642,674
Form type
4
Date filed
4/19/2022, 09:16 PM
Previous filing
Mar 3, 2022
Next filing
Apr 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +20.3K +9.79% $0.00 228K Apr 19, 2022 Direct
transaction MRVL Common Stock Tax liability -$643K -10.1K -4.42% $63.77 218K Apr 19, 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 Award $0 +19.7K $0.00 19.7K Apr 15, 2022 Common Stock 19.7K 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 Restricted Stock Units will vest in equal quarterly installments over three years.