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

Role
EVP, Storage Products Group
Signature
Dan Christman by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Oct 2022
Net transactions value
-$131,015
Form type
4
Filing time
19 Oct 2022, 15:14:32 UTC
Previous filing
04 Aug 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 +2,651 +6.5% $0.000000 43,286 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $48,668 -1,315 -3% $37.01 41,971 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,614 +3.8% $0.000000 43,585 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $29,645 -801 -1.8% $37.01 42,784 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +683 +1.6% $0.000000 43,467 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $12,546 -339 -0.78% $37.01 43,128 15 Oct 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,187 +5.1% $0.000000 45,315 15 Oct 2022 Direct
transaction MRVL Common Stock Tax liability $40,156 -1,085 -2.4% $37.01 44,230 15 Oct 2022 Direct F1
holding MRVL Common Stock 92,203 15 Oct 2022 By Trust 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 -2,651 -33% $0.000000 5,302 15 Oct 2022 Common Stock 2,651 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,614 -14% $0.000000 9,687 15 Oct 2022 Common Stock 1,614 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -683 -9.1% $0.000000 6,835 15 Oct 2022 Common Stock 683 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 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2 Shares are held in the Christman Family Trust, U/A DTD and dated 02/02/2011, of which Daniel S. Christman is the trustee.
F3 Each RSU 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