Dan Christman - 15 Jan 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Storage Products Group
Signature
Dan Christman by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2023
Net transactions value
-$151,780
Form type
4
Filing time
18 Jan 2023, 10:11:16 UTC
Previous filing
19 Oct 2022
Next filing
13 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 +2,651 +6% $0.000000 46,881 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $59,744 -1,469 -3.1% $40.67 45,412 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1,614 +3.6% $0.000000 47,026 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $34,163 -840 -1.8% $40.67 46,186 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +684 +1.5% $0.000000 46,870 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $13,828 -340 -0.73% $40.67 46,530 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2,187 +4.7% $0.000000 48,717 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $44,046 -1,083 -2.2% $40.67 47,634 15 Jan 2023 Direct F1
holding MRVL Common Stock 92,203 15 Jan 2023 By Trust 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 -2,651 -50% $0.000000 2,651 15 Jan 2023 Common Stock 2,651 Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1,614 -17% $0.000000 8,073 15 Jan 2023 Common Stock 1,614 Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -684 -10% $0.000000 6,151 15 Jan 2023 Common Stock 684 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -2,187 -10% $0.000000 19,683 15 Jan 2023 Common Stock 2,187 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 Shares are held in the Christman Family Trust, U/A DTD and dated 02/02/2011, of which Daniel S. Christman is the trustee.
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs fully vest on 04/15/2023.
F5 The remaining RSUs vest quarterly on each of 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6 The remaining RSUs vest quarterly on each of 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