Matthew J. Murphy - 15 Jul 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
CEO and President, Director
Signature
Matthew J. Murphy by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2022
Net transactions value
-$594,456
Form type
4
Filing time
19 Jul 2022, 16:20:03 UTC
Previous filing
01 Jun 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 +14,911 +2.2% $0.000000 687,535 15 Jul 2022 By Trust F1, F2
transaction MRVL Common Stock Tax liability $305,281 -6,331 -0.92% $48.22 681,204 15 Jul 2022 By Trust F2, F3
transaction MRVL Common Stock Options Exercise $0 +7,516 +1.1% $0.000000 688,720 15 Jul 2022 By Trust F2
transaction MRVL Common Stock Tax liability $160,042 -3,319 -0.48% $48.22 685,401 15 Jul 2022 By Trust F2, F3
transaction MRVL Common Stock Options Exercise $0 +6,150 +0.9% $0.000000 691,551 15 Jul 2022 By Trust F2
transaction MRVL Common Stock Tax liability $129,133 -2,678 -0.39% $48.22 688,873 15 Jul 2022 By Trust F2, F3

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 -14,911 -25% $0.000000 44,732 15 Jul 2022 Common Stock 14,911 Direct F4, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -7,516 -12% $0.000000 52,618 15 Jul 2022 Common Stock 7,516 Direct F4, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -6,150 -8.3% $0.000000 67,657 15 Jul 2022 Common Stock 6,150 Direct F4, F7
* 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 Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.
F3 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F4 Each RSU represents a contingent right to receive one Marvell common share upon vesting.
F5 The remaining RSUs will vest on 10/15/2022, 01/15/2023 and 04/15/2023.
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 and 04/15/2024.
F7 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.