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

Role
EVP, Chief Operations Officer
Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jan 15, 2023
Transactions value $
-$154,099
Form type
4
Date filed
1/18/2023, 02:27 PM
Previous filing
Oct 18, 2022
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +2.32K +1.96% $0.00 121K Jan 15, 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$52.3K -1.29K -1.07% $40.67 119K Jan 15, 2023 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1.38K +1.16% $0.00 121K Jan 15, 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$30.4K -748 -0.62% $40.67 120K Jan 15, 2023 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +1.37K +1.14% $0.00 121K Jan 15, 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$27.6K -678 -0.56% $40.67 121K Jan 15, 2023 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2.19K +1.81% $0.00 123K Jan 15, 2023 By Family Trust F1
transaction MRVL Common Stock Tax liability -$43.8K -1.08K -0.88% $40.67 122K Jan 15, 2023 By Family 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 -2.32K -49.99% $0.00 2.32K Jan 15, 2023 Common Stock 2.32K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -1.38K -16.66% $0.00 6.92K Jan 15, 2023 Common Stock 1.38K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -1.37K -10% $0.00 12.3K Jan 15, 2023 Common Stock 1.37K 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 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs vest 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