Loi Nguyen - 01 Jun 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.
Issuer symbol: MRVL
Transactions as of: 01 Jun 2022
Net transactions value: -$177,084
Form type: 4
Filing time: 03 Jun 2022, 11:45:39 UTC
Previous filing: 01 Jun 2022
Next filing: 16 Aug 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	+3,000	+1.4%	$0.000000	210,727	01 Jun 2022	Direct
transaction	MRVL	Common Stock	Tax liability	$86,364	-1,488	-0.71%	$58.04	209,239	01 Jun 2022	Direct	F1
transaction	MRVL	Common Stock	Sale	$90,720	-1,512	-0.72%	$60.00	207,727	02 Jun 2022	Direct	F2

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	-3,000	-12%	$0.000000	21,002	01 Jun 2022	Common Stock	3,000		Direct	F3, F4

* 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	The sales of these shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F3	Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4	The remaining RSUs will vest on 09/01/22, 12/01/22, 03/01/23, 06/01/23, 09/01/23, 12/01/23, 03/01/24.