Jean X. Hu - 15 Oct 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
Issuer symbol
MRVL
Transactions as of
15 Oct 2022
Net transactions value
-$138,491
Form type
4
Filing time
18 Oct 2022, 13:33:17 UTC
Previous filing
03 Oct 2022
Next filing
05 Jan 2023
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 +3,976 +1.7% $0.000000 237,357 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $59,512 -1,608 -0.68% $37.01 235,749 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,460 +1% $0.000000 238,209 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $37,565 -1,015 -0.43% $37.01 237,194 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,624 +1.1% $0.000000 239,818 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $41,414 -1,119 -0.47% $37.01 238,699 15 Oct 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 -3,976 -33% $0.000000 7,953 15 Oct 2022 Common Stock 3,976 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2,460 -14% $0.000000 14,761 15 Oct 2022 Common Stock 2,460 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,624 -9.1% $0.000000 26,243 15 Oct 2022 Common Stock 2,624 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.