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

Signature
Dan Christman by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Oct 15, 2022
Transactions value $
-$131,015
Form type
4
Date filed
10/19/2022, 03:14 PM
Previous filing
Aug 4, 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 +2.65K +6.52% $0.00 43.3K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$48.7K -1.32K -3.04% $37.01 42K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.61K +3.85% $0.00 43.6K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$29.6K -801 -1.84% $37.01 42.8K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +683 +1.6% $0.00 43.5K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$12.5K -339 -0.78% $37.01 43.1K Oct 15, 2022 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.19K +5.07% $0.00 45.3K Oct 15, 2022 Direct
transaction MRVL Common Stock Tax liability -$40.2K -1.09K -2.39% $37.01 44.2K Oct 15, 2022 Direct F1
holding MRVL Common Stock 92.2K Oct 15, 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 -2.65K -33.33% $0.00 5.3K Oct 15, 2022 Common Stock 2.65K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.61K -14.28% $0.00 9.69K Oct 15, 2022 Common Stock 1.61K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -683 -9.08% $0.00 6.84K Oct 15, 2022 Common Stock 683 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -2.19K -9.09% $0.00 21.9K Oct 15, 2022 Common Stock 2.19K 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