Nariman Yousefi - Jul 15, 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
Stock symbol: MRVL
Transactions as of: Jul 15, 2022
Transactions value $: -$41,662
Form type: 4
Date filed: 7/19/2022, 04:44 PM
Previous filing: Jun 3, 2022
Next filing: Aug 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRVL	Common Stock	Options Exercise	$0	+1.64K	+0.58%	$0.00	283K	Jul 15, 2022	Direct	F1
transaction	MRVL	Common Stock	Tax liability	-$41.7K	-864	-0.31%	$48.22	282K	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	-1.64K	-8.33%	$0.00	18K	Jul 15, 2022	Common Stock	1.64K		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.