| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | MRVL | Common Stock | Options Exercise | $0 | +59K | +1786.09% | $0.00 | 62.4K | Apr 15, 2022 | Direct | |
| transaction | MRVL | Common Stock | Tax liability | -$1.78M | -29.3K | -46.95% | $60.97 | 33.1K | Apr 15, 2022 | Direct | F1 |
| transaction | MRVL | Common Stock | Options Exercise | $0 | +2.46K | +7.44% | $0.00 | 35.5K | Apr 15, 2022 | Direct | |
| transaction | MRVL | Common Stock | Tax liability | -$74.4K | -1.22K | -3.44% | $60.97 | 34.3K | Apr 15, 2022 | Direct | F1 |
| transaction | MRVL | Common Stock | Options Exercise | $0 | +2.65K | +7.72% | $0.00 | 37K | Apr 15, 2022 | Direct | |
| transaction | MRVL | Common Stock | Tax liability | -$80.2K | -1.32K | -3.56% | $60.97 | 35.7K | Apr 15, 2022 | Direct | F1 |
| transaction | MRVL | Common Stock | Options Exercise | $0 | +1.61K | +4.53% | $0.00 | 37.3K | Apr 15, 2022 | Direct | |
| transaction | MRVL | Common Stock | Tax liability | -$48.8K | -801 | -2.15% | $60.97 | 36.5K | Apr 15, 2022 | Direct | F1 |
| transaction | MRVL | Common Stock | Sale | -$423K | -7K | -5.82% | $60.39 | 113K | Apr 18, 2022 | By Trust | F2, F3, F4 |
| 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 | -59K | -100% | $0.00* | 0 | Apr 15, 2022 | Common Stock | 59K | Direct | F5, F6 | |
| transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -2.46K | -100% | $0.00* | 0 | Apr 15, 2022 | Common Stock | 2.46K | Direct | F5, F7 | |
| transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -2.65K | -20% | $0.00 | 10.6K | Apr 15, 2022 | Common Stock | 2.65K | Direct | F5, F8 | |
| transaction | MRVL | Restricted Stock Units | Options Exercise | $0 | -1.61K | -11.11% | $0.00 | 12.9K | Apr 15, 2022 | Common Stock | 1.61K | Direct | F5, F9 | |
| transaction | MRVL | Restricted Stock Units | Award | $0 | +26.2K | $0.00 | 26.2K | Apr 15, 2022 | Common Stock | 26.2K | Direct | F5, F10 | ||
| transaction | MRVL | Restricted Stock Units | Award | $0 | +8.2K | $0.00 | 8.2K | Apr 15, 2022 | Common Stock | 8.2K | Direct | F5, F10 |
| Id | Content |
|---|---|
| F1 | Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs"). |
| F2 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person. |
| F3 | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.25 to $60.56, inclusive. The reporting person undertakes to provide Marvell Technology, Inc., any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4. |
| F4 | Shares are held in the Christman Family Trust, U/A DTD and dated 02/02/2011, of which Daniel S. Christman is the trustee. |
| F5 | Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. |
| F6 | This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2019. |
| F7 | This award fully vested on 04/15/2022. |
| F8 | The remaining RSUs vest quarterly on each of 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023. |
| F9 | The remaining RSUs vest quarterly on each of 07/15/2022, 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024. |
| F10 | The RSUs will vest in equal quarterly installments over three years. |