Hussain Muhammad Raghib - Jan 15, 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
Muhammad Raghib Hussain by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2023
Transactions value $
-$278,427
Form type
4
Date filed
1/18/2023, 09:52 AM
Previous filing
Oct 18, 2022
Next filing
Feb 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +6.96K +0.96% $0.00 731K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$148K -3.63K -0.5% $40.67 727K Jan 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.31K +0.45% $0.00 731K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$66.7K -1.64K -0.22% $40.67 729K Jan 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3.17K +0.43% $0.00 732K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$64K -1.57K -0.21% $40.67 731K Jan 15, 2023 Direct F1
holding MRVL Common Stock 88.1K Jan 15, 2023 By Family Trusts 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 -6.96K -50% $0.00 6.96K Jan 15, 2023 Common Stock 6.96K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -3.31K -16.66% $0.00 16.5K Jan 15, 2023 Common Stock 3.31K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3.17K -10% $0.00 28.5K Jan 15, 2023 Common Stock 3.17K 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 Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs will vest on 04/15/2023.
F5 The remaining RSUs will vest on 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6 The remaining RSUs will vest on 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.