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

Role: EVP, Automotive, Coherent DSP
Signature: Nariman Yousefi by Blair Walters as Attorney-in-Fact
Stock symbol: MRVL
Transactions as of: Oct 15, 2022
Transactions value $: -$31,977
Form type: 4
Date filed: 10/18/2022, 02:54 PM
Previous filing: Oct 4, 2022
Next filing: Nov 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MRVL	Common Stock	Options Exercise	$0	+1.64K	+0.6%	$0.00	276K	Oct 15, 2022	Direct
transaction	MRVL	Common Stock	Tax liability	-$32K	-864	-0.31%	$37.01	275K	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	+1.64K	+11.11%	$0.00	16.4K	Oct 15, 2022	Common Stock	1.64K		Direct	F2, F3

* 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 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.