Willem A. Meintjes - 15 Oct 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
SVP, Chief Accounting Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2022
Net transactions value
-$36,270
Form type
4
Filing time
18 Oct 2022, 13:45:09 UTC
Previous filing
19 Jul 2022
Next filing
09 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 +1,160 +1.4% $0.000000 82,572 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $16,988 -459 -0.56% $37.01 82,113 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +539 +0.66% $0.000000 82,652 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $7,920 -214 -0.26% $37.01 82,438 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +765 +0.93% $0.000000 83,203 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $11,362 -307 -0.37% $37.01 82,896 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 -1,160 -33% $0.000000 2,320 15 Oct 2022 Common Stock 1,160 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -539 -14% $0.000000 3,229 15 Oct 2022 Common Stock 539 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -765 -9.1% $0.000000 7,655 15 Oct 2022 Common Stock 765 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 10/15/2022, 01/15/2023 and 04/15/2023.
F4 The remaining RSUs will vest on 10/15/2022, 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 10/15/2022, 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.