Nariman Yousefi - 24 Apr 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
24 Apr 2022
Net transactions value
-$560,790
Form type
4
Filing time
25 Apr 2022, 19:52:22 UTC
Previous filing
20 Apr 2022
Next filing
17 May 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 +18,226 +6.8% $0.000000 287,994 24 Apr 2022 Direct
transaction MRVL Common Stock Tax liability $560,790 -9,596 -3.3% $58.44 278,398 24 Apr 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 -18,226 -50% $0.000000 18,223 24 Apr 2022 Common Stock 18,226 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.