Willem Meintjes - Jul 15, 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
Stock symbol: MRVL
Transactions as of: Jul 15, 2022
Transactions value $: -$49,088
Form type: 4
Date filed: 7/19/2022, 04:09 PM
Previous filing: Apr 19, 2022
Next filing: Oct 18, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRVL	Common Stock	Options Exercise	$0	+1.16K	+1.45%	$0.00	81.1K	Jul 15, 2022	Direct	F1
transaction	MRVL	Common Stock	Tax liability	-$24K	-497	-0.61%	$48.22	80.6K	Jul 15, 2022	Direct	F2
transaction	MRVL	Common Stock	Options Exercise	$0	+538	+0.67%	$0.00	81.2K	Jul 15, 2022	Direct
transaction	MRVL	Common Stock	Tax liability	-$10.3K	-213	-0.26%	$48.22	81K	Jul 15, 2022	Direct	F2
transaction	MRVL	Common Stock	Options Exercise	$0	+765	+0.94%	$0.00	81.7K	Jul 15, 2022	Direct
transaction	MRVL	Common Stock	Tax liability	-$14.9K	-308	-0.38%	$48.22	81.4K	Jul 15, 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	-1.16K	-24.98%	$0.00	3.48K	Jul 15, 2022	Common Stock	1.16K		Direct	F3, F4
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-538	-12.49%	$0.00	3.77K	Jul 15, 2022	Common Stock	538		Direct	F3, F5
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-765	-8.33%	$0.00	8.42K	Jul 15, 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.