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

Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2022
Transactions value $
-$36,270
Form type
4
Date filed
10/18/2022, 01:45 PM
Previous filing
Jul 19, 2022
Next filing
Jan 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.16K +1.42% $0.00 82.6K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$17K -459 -0.56% $37.01 82.1K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +539 +0.66% $0.00 82.7K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$7.92K -214 -0.26% $37.01 82.4K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +765 +0.93% $0.00 83.2K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$11.4K -307 -0.37% $37.01 82.9K 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 -1.16K -33.33% $0.00 2.32K Oct 15, 2022 Common Stock 1.16K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -539 -14.3% $0.00 3.23K Oct 15, 2022 Common Stock 539 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -765 -9.09% $0.00 7.66K Oct 15, 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.