Matthew Murphy - Oct 15, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: CEO and President, Director
Signature: Matthew J. Murphy by Blair Walters as Attorney-in-Fact
Stock symbol: MRVL
Transactions as of: Oct 15, 2022
Transactions value $: -$454,187
Form type: 4
Date filed: 10/18/2022, 02:50 PM
Previous filing: Jul 19, 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	+14.9K	+2.16%	$0.00	704K	Oct 15, 2022	By Trust	F1
transaction	MRVL	Common Stock	Tax liability	-$234K	-6.33K	-0.9%	$37.01	697K	Oct 15, 2022	By Trust	F1, F2
transaction	MRVL	Common Stock	Options Exercise	$0	+7.52K	+1.08%	$0.00	705K	Oct 15, 2022	By Trust	F1
transaction	MRVL	Common Stock	Tax liability	-$122K	-3.3K	-0.47%	$37.01	702K	Oct 15, 2022	By Trust	F1, F2
transaction	MRVL	Common Stock	Options Exercise	$0	+6.15K	+0.88%	$0.00	708K	Oct 15, 2022	By Trust	F1
transaction	MRVL	Common Stock	Tax liability	-$97.9K	-2.64K	-0.37%	$37.01	705K	Oct 15, 2022	By Trust	F1, 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	-14.9K	-33.33%	$0.00	29.8K	Oct 15, 2022	Common Stock	14.9K		Direct	F3, F4
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-7.52K	-14.29%	$0.00	45.1K	Oct 15, 2022	Common Stock	7.52K		Direct	F3, F5
transaction	MRVL	Restricted Stock Units	Options Exercise	$0	-6.15K	-9.09%	$0.00	61.5K	Oct 15, 2022	Common Stock	6.15K		Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.
F2	Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3	Each RSU represents a contingent right to receive one Marvell 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.