Matthew J. Murphy - Jul 15, 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
Stock symbol: MRVL
Transactions as of: Jul 15, 2022
Transactions value $: -$594,456
Form type: 4
Date filed: 7/19/2022, 04:20 PM
Previous filing: Jun 1, 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	+14.9K	+2.22%	$0.00	688K	Jul 15, 2022	By Trust	F1, F2
transaction	MRVL	Common Stock	Tax liability	-$305K	-6.33K	-0.92%	$48.22	681K	Jul 15, 2022	By Trust	F2, F3
transaction	MRVL	Common Stock	Options Exercise	$0	+7.52K	+1.1%	$0.00	689K	Jul 15, 2022	By Trust	F2
transaction	MRVL	Common Stock	Tax liability	-$160K	-3.32K	-0.48%	$48.22	685K	Jul 15, 2022	By Trust	F2, F3
transaction	MRVL	Common Stock	Options Exercise	$0	+6.15K	+0.9%	$0.00	692K	Jul 15, 2022	By Trust	F2
transaction	MRVL	Common Stock	Tax liability	-$129K	-2.68K	-0.39%	$48.22	689K	Jul 15, 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	-14.9K	-25%	$0.00	44.7K	Jul 15, 2022	Common Stock	14.9K		Direct	F4, F5
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-7.52K	-12.5%	$0.00	52.6K	Jul 15, 2022	Common Stock	7.52K		Direct	F4, F6
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-6.15K	-8.33%	$0.00	67.7K	Jul 15, 2022	Common Stock	6.15K		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.