Dean E. Jarnac Jr. - 15 Sep 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: EVP Worldwide Sales
Signature: Dean Jarnac by Blair Walters as Attorney-in-Fact
Issuer symbol: MRVL
Transactions as of: 15 Sep 2022
Net transactions value: -$44,757
Form type: 4
Filing time: 16 Sep 2022, 14:22:45 UTC
Previous filing: 19 Jul 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	+1,934	+3.1%	$0.000000	65,062	15 Sep 2022	Direct
transaction	MRVL	Common Stock	Tax liability	$44,757	-959	-1.5%	$46.67	64,103	15 Sep 2022	Direct	F1
holding	MRVL	Common Stock						24,879	15 Sep 2022	By Trust	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	-1,934	-100%	$0.000000^*	0	15 Sep 2022	Common Stock	1,934		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2	Shares are held in a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.
F3	Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4	This award fully vested on September 15, 2022.