Nariman Yousefi - 01 Dec 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
Issuer symbol: MRVL
Transactions as of: 01 Dec 2022
Net transactions value: -$71,641
Form type: 4
Filing time: 05 Dec 2022, 16:22:51 UTC
Previous filing: 17 Nov 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	+2,997	+1.1%	$0.000000	278,736	01 Dec 2022	Direct
transaction	MRVL	Common Stock	Tax liability	$71,641	-1,578	-0.57%	$45.40	277,158	01 Dec 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	-2,997	-17%	$0.000000	15,004	01 Dec 2022	Common Stock	2,997		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 03/01/2023, 06/01/2023, 09/01/2023, 12/01/2023, and 03/01/2024.