Muhammad Raghib Hussain - Oct 15, 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
Stock symbol
MRVL
Transactions as of
Oct 15, 2022
Transactions value $
-$246,598
Form type
4
Date filed
10/18/2022, 01:36 PM
Previous filing
Aug 3, 2022
Next filing
Jan 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +6.96K +0.97% $0.00 724K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$128K -3.45K -0.48% $37.01 721K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.31K +0.46% $0.00 724K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$60.7K -1.64K -0.23% $37.01 722K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.17K +0.44% $0.00 726K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$58.2K -1.57K -0.22% $37.01 724K Oct 15, 2022 Direct F1
holding MRVL Common Stock 88.1K Oct 15, 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 -6.96K -33.33% $0.00 13.9K Oct 15, 2022 Common Stock 6.96K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -3.31K -14.29% $0.00 19.8K Oct 15, 2022 Common Stock 3.31K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3.17K -9.09% $0.00 31.7K Oct 15, 2022 Common Stock 3.17K 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.