Willem Meintjes - Oct 15, 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
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.