Dan Christman - Jan 15, 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
Stock symbol
MRVL
Transactions as of
Jan 15, 2023
Transactions value $
-$151,780
Form type
4
Date filed
1/18/2023, 10:11 AM
Previous filing
Oct 19, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +2.65K +5.99% $0.00 46.9K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$59.7K -1.47K -3.13% $40.67 45.4K Jan 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +1.61K +3.55% $0.00 47K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$34.2K -840 -1.79% $40.67 46.2K Jan 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +684 +1.48% $0.00 46.9K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$13.8K -340 -0.73% $40.67 46.5K Jan 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +2.19K +4.7% $0.00 48.7K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$44K -1.08K -2.22% $40.67 47.6K Jan 15, 2023 Direct F1
holding MRVL Common Stock 92.2K Jan 15, 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 -2.65K -50% $0.00 2.65K Jan 15, 2023 Common Stock 2.65K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.61K -16.66% $0.00 8.07K Jan 15, 2023 Common Stock 1.61K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -684 -10.01% $0.00 6.15K Jan 15, 2023 Common Stock 684 Direct F3, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -2.19K -10% $0.00 19.7K Jan 15, 2023 Common Stock 2.19K 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