Muhammad Raghib Hussain - 15 Jan 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
Issuer symbol
MRVL
Transactions as of
15 Jan 2023
Net transactions value
-$278,427
Form type
4
Filing time
18 Jan 2023, 09:52:39 UTC
Previous filing
18 Oct 2022
Next filing
02 Feb 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 +6,958 +0.96% $0.000000 730,936 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $147,795 -3,634 -0.5% $40.67 727,302 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,305 +0.45% $0.000000 730,607 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $66,658 -1,639 -0.22% $40.67 728,968 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,171 +0.43% $0.000000 732,139 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $63,974 -1,573 -0.21% $40.67 730,566 15 Jan 2023 Direct F1
holding MRVL Common Stock 88,081 15 Jan 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 -6,958 -50% $0.000000 6,959 15 Jan 2023 Common Stock 6,958 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -3,305 -17% $0.000000 16,529 15 Jan 2023 Common Stock 3,305 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -3,171 -10% $0.000000 28,539 15 Jan 2023 Common Stock 3,171 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.