NARIMAN YOUSEFI - 15 Jul 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: EVP, Auto Coherent DSP&Switch
Signature: Nariman Yousefi by Blair Walters as Attorney-in-Fact
Issuer symbol: MRVL
Transactions as of: 15 Jul 2022
Net transactions value: -$41,662
Form type: 4
Filing time: 19 Jul 2022, 16:44:47 UTC
Previous filing: 03 Jun 2022
Next filing: 17 Aug 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	+1,640	+0.58%	$0.000000	282,770	15 Jul 2022	Direct	F1
transaction	MRVL	Common Stock	Tax liability	$41,662	-864	-0.31%	$48.22	281,906	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	-1,640	-8.3%	$0.000000	18,042	15 Jul 2022	Common Stock	1,640		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 493 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, 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.