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

Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2022
Net transactions value
-$133,273
Form type
4
Filing time
18 Oct 2022, 15:10:17 UTC
Previous filing
19 Jul 2022
Next filing
18 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +2,320 +2% $0.000000 116,854 15 Oct 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability $42,599 -1,151 -0.98% $37.01 115,703 15 Oct 2022 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1,384 +1.2% $0.000000 117,087 15 Oct 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability $25,426 -687 -0.59% $37.01 116,400 15 Oct 2022 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1,367 +1.2% $0.000000 117,767 15 Oct 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability $25,093 -678 -0.58% $37.01 117,089 15 Oct 2022 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2,187 +1.9% $0.000000 119,276 15 Oct 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability $40,156 -1,085 -0.91% $37.01 118,191 15 Oct 2022 By Family 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 -2,320 -33% $0.000000 4,639 15 Oct 2022 Common Stock 2,320 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,384 -14% $0.000000 8,303 15 Oct 2022 Common Stock 1,384 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -1,367 -9.1% $0.000000 13,669 15 Oct 2022 Common Stock 1,367 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -2,187 -9.1% $0.000000 21,870 15 Oct 2022 Common Stock 2,187 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 the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs vest quarterly on each of 01/15/2023 and 04/15/2023.
F5 The remaining RSUs vest quarterly on each of 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6 The remaining RSUs vest quarterly on each of 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