Jean X. Hu - 15 Jan 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Chief Financial Officer
Signature
Jean X. Hu by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2023
Net transactions value
-$104,929
Form type
4
Filing time
18 Jan 2023, 09:55:10 UTC
Previous filing
05 Jan 2023
Next filing
31 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 +3,976 +1.7% $0.000000 242,675 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $48,560 -1,194 -0.49% $40.67 241,481 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,460 +1% $0.000000 243,941 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $26,476 -651 -0.27% $40.67 243,290 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,624 +1.1% $0.000000 245,914 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $29,892 -735 -0.3% $40.67 245,179 15 Jan 2023 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 -3,976 -50% $0.000000 3,977 15 Jan 2023 Common Stock 3,976 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -2,460 -17% $0.000000 12,301 15 Jan 2023 Common Stock 2,460 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2,624 -10% $0.000000 23,619 15 Jan 2023 Common Stock 2,624 Direct F2, F5
* 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 04/15/2023.
F4 The remaining RSUs will vest on 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F5 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.