Matthew J. Murphy - 15 Jan 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
CEO and President, Director
Signature
Matthew J. Murphy by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2023
Net transactions value
-$499,834
Form type
4
Filing time
18 Jan 2023, 09:57:55 UTC
Previous filing
18 Oct 2022
Next filing
18 Apr 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 +14,911 +2.1% $0.000000 720,090 15 Jan 2023 By Trust F1
transaction MRVL Common Stock Tax liability $261,793 -6,437 -0.89% $40.67 713,653 15 Jan 2023 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +7,517 +1.1% $0.000000 721,170 15 Jan 2023 By Trust F1
transaction MRVL Common Stock Tax liability $132,300 -3,253 -0.45% $40.67 717,917 15 Jan 2023 By Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +6,150 +0.86% $0.000000 724,067 15 Jan 2023 By Trust F1
transaction MRVL Common Stock Tax liability $105,742 -2,600 -0.36% $40.67 721,467 15 Jan 2023 By Trust F1, 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 -14,911 -50% $0.000000 14,911 15 Jan 2023 Common Stock 14,911 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -7,517 -17% $0.000000 37,584 15 Jan 2023 Common Stock 7,517 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -6,150 -10% $0.000000 55,356 15 Jan 2023 Common Stock 6,150 Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell common share upon vesting.
F4 The remaining RSUs will vest on 4/15/2023.
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.