Willem A. Meintjes - 15 Jan 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
SVP, Chief Accounting Officer
Signature
Willem Meintjes by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jan 2023
Net transactions value
-$30,258
Form type
4
Filing time
18 Jan 2023, 17:46:32 UTC
Previous filing
09 Jan 2023
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 +1,160 +1.6% $0.000000 74,056 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $14,153 -348 -0.47% $40.67 73,708 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +538 +0.73% $0.000000 74,246 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $6,589 -162 -0.22% $40.67 74,084 15 Jan 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +766 +1% $0.000000 74,850 15 Jan 2023 Direct
transaction MRVL Common Stock Tax liability $9,517 -234 -0.31% $40.67 74,616 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 -1,160 -50% $0.000000 1,160 15 Jan 2023 Common Stock 1,160 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -538 -17% $0.000000 2,691 15 Jan 2023 Common Stock 538 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -766 -10% $0.000000 6,889 15 Jan 2023 Common Stock 766 Direct F2, F5
transaction MRVL Restricted Stock Units Award $0 +30,617 $0.000000 30,617 15 Jan 2023 Common Stock 30,617 Direct F2, 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 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.
F6 These RSUs were granted on 01/15/2023 and will vest quarterly over 3 years.