Edward H. Frank - Jun 23, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Director
Signature
Edward H. Frank by Blair Walters as Attorney-in-Fact.
Stock symbol
MRVL
Transactions as of
Jun 23, 2022
Transactions value $
$0
Form type
4
Date filed
6/24/2022, 05:49 PM
Previous filing
Jun 6, 2022
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +4.35K +26.5% $0.00 20.8K Jun 23, 2022 Direct
holding MRVL Common Stock 14.7K Jun 23, 2022 By Family Trust F1
holding MRVL Common Stock 14.7K Jun 23, 2022 By Family Trust 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 -4.35K -100% $0.00* 0 Jun 23, 2022 Common Stock 4.35K Direct F3, F4
transaction MRVL Restricted Stock Units Award $0 +4.32K $0.00 4.32K Jun 23, 2022 Common Stock 4.32K Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held in the Naomi Mantor Frank 2015 Heritage Trust. This is a trust of which the Reporting Person is the trustee, for the benefit of a member of his immediate family.
F2 Held in the Whitton Anne Frank 2015 Heritage Trust. This is a trust of which the Reporting Person is the trustee, for the benefit of a member of his immediate family.
F3 Each restricted stock unit ("RSU") represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F4 These RSUs vested as to 100% of the shares on June 23, 2022.
F5 Vests 100% of shares on the earlier of the next annual meeting of Marvell stockholders or the one year anniversary of the restricted stock unit grant.