MATTHEW J. MURPHY - 15 Oct 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
Issuer symbol
MRVL
Transactions as of
15 Oct 2022
Net transactions value
-$454,187
Form type
4
Filing time
18 Oct 2022, 14:50:59 UTC
Previous filing
19 Jul 2022
Next filing
18 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 +14,910 +2.2% $0.000000 703,783 15 Oct 2022 By Trust F1
transaction MRVL Common Stock Tax liability $234,273 -6,330 -0.9% $37.01 697,453 15 Oct 2022 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +7,517 +1.1% $0.000000 704,970 15 Oct 2022 By Trust F1
transaction MRVL Common Stock Tax liability $122,059 -3,298 -0.47% $37.01 701,672 15 Oct 2022 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +6,151 +0.88% $0.000000 707,823 15 Oct 2022 By Trust F1
transaction MRVL Common Stock Tax liability $97,854 -2,644 -0.37% $37.01 705,179 15 Oct 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 -14,910 -33% $0.000000 29,822 15 Oct 2022 Common Stock 14,910 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -7,517 -14% $0.000000 45,101 15 Oct 2022 Common Stock 7,517 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -6,151 -9.1% $0.000000 61,506 15 Oct 2022 Common Stock 6,151 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.