Muhammad Raghib Hussain - 15 Oct 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
Muhammad Raghib Hussain by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2022
Net transactions value
-$246,598
Form type
4
Filing time
18 Oct 2022, 13:36:55 UTC
Previous filing
03 Aug 2022
Next filing
18 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 +6,958 +0.97% $0.000000 724,164 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $127,684 -3,450 -0.48% $37.01 720,714 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,306 +0.46% $0.000000 724,020 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $60,696 -1,640 -0.23% $37.01 722,380 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,171 +0.44% $0.000000 725,551 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $58,217 -1,573 -0.22% $37.01 723,978 15 Oct 2022 Direct F1
holding MRVL Common Stock 88,081 15 Oct 2022 By Family Trusts 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 -6,958 -33% $0.000000 13,917 15 Oct 2022 Common Stock 6,958 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -3,306 -14% $0.000000 19,834 15 Oct 2022 Common Stock 3,306 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3,171 -9.1% $0.000000 31,710 15 Oct 2022 Common Stock 3,171 Direct F3, F6
* 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 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs will vest on 01/15/2023 and 04/15/2023.
F5 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.
F6 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.