Nariman Yousefi - Apr 24, 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.
Stock symbol
MRVL
Transactions as of
Apr 24, 2022
Transactions value $
-$560,790
Form type
4
Date filed
4/25/2022, 07:52 PM
Previous filing
Apr 20, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +18.2K +6.76% $0.00 288K Apr 24, 2022 Direct
transaction MRVL Common Stock Tax liability -$561K -9.6K -3.33% $58.44 278K Apr 24, 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 -18.2K -50% $0.00 18.2K Apr 24, 2022 Common Stock 18.2K 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 ("RSU").
F2 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSU's will vest on 04/24/2023.