Jean X. Hu - Oct 15, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Financial Officer
Signature
Jean X. Hu by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2022
Transactions value $
-$138,491
Form type
4
Date filed
10/18/2022, 01:33 PM
Previous filing
Oct 3, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +3.98K +1.7% $0.00 237K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$59.5K -1.61K -0.68% $37.01 236K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.46K +1.04% $0.00 238K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$37.6K -1.02K -0.43% $37.01 237K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.62K +1.11% $0.00 240K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$41.4K -1.12K -0.47% $37.01 239K Oct 15, 2022 Direct F1

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 -3.98K -33.33% $0.00 7.95K Oct 15, 2022 Common Stock 3.98K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2.46K -14.28% $0.00 14.8K Oct 15, 2022 Common Stock 2.46K Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.62K -9.09% $0.00 26.2K Oct 15, 2022 Common Stock 2.62K Direct F2, F5
* 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 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3 The remaining RSUs will vest on 01/15/2023 and 04/15/2023.
F4 The remaining RSUs will vest on 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F5 The remaining RSUs will vest on 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.