Nariman Yousefi - 15 May 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 May 2022
Net transactions value
-$52,446
Form type
4
Filing time
17 May 2022, 14:43:04 UTC
Previous filing
25 Apr 2022
Next filing
03 Jun 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 +0.62% $0.000000 280,128 15 May 2022 Direct
transaction MRVL Common Stock Tax liability $52,446 -911 -0.33% $57.57 279,217 15 May 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 -11% $0.000000 13,838 15 May 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 ("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 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.