Willem A. Meintjes - 15 Jul 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
SVP, Chief Accounting Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2022
Net transactions value
-$49,088
Form type
4
Filing time
19 Jul 2022, 16:09:21 UTC
Previous filing
19 Apr 2022
Next filing
18 Oct 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 +1,159 +1.4% $0.000000 81,127 15 Jul 2022 Direct F1
transaction MRVL Common Stock Tax liability $23,965 -497 -0.61% $48.22 80,630 15 Jul 2022 Direct F2
transaction MRVL Common Stock Options Exercise $0 +538 +0.67% $0.000000 81,168 15 Jul 2022 Direct
transaction MRVL Common Stock Tax liability $10,271 -213 -0.26% $48.22 80,955 15 Jul 2022 Direct F2
transaction MRVL Common Stock Options Exercise $0 +765 +0.94% $0.000000 81,720 15 Jul 2022 Direct
transaction MRVL Common Stock Tax liability $14,852 -308 -0.38% $48.22 81,412 15 Jul 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 -1,159 -25% $0.000000 3,480 15 Jul 2022 Common Stock 1,159 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -538 -12% $0.000000 3,768 15 Jul 2022 Common Stock 538 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -765 -8.3% $0.000000 8,420 15 Jul 2022 Common Stock 765 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 572 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2022.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs will vest on 10/15/2022, 01/15/2023 and 04/15/2023.
F5 The remaining RSUs will vest on 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6 The remaining RSUs will vest on 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.