Willem Meintjes - Jan 15, 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
Stock symbol
MRVL
Transactions as of
Jan 15, 2023
Transactions value $
-$30,258
Form type
4
Date filed
1/18/2023, 05:46 PM
Previous filing
Jan 9, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.16K +1.59% $0.00 74.1K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$14.2K -348 -0.47% $40.67 73.7K Jan 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +538 +0.73% $0.00 74.2K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$6.59K -162 -0.22% $40.67 74.1K Jan 15, 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +766 +1.03% $0.00 74.9K Jan 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$9.52K -234 -0.31% $40.67 74.6K Jan 15, 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 -1.16K -50% $0.00 1.16K Jan 15, 2023 Common Stock 1.16K Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -538 -16.66% $0.00 2.69K Jan 15, 2023 Common Stock 538 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -766 -10.01% $0.00 6.89K Jan 15, 2023 Common Stock 766 Direct F2, F5
transaction MRVL Restricted Stock Units Award $0 +30.6K $0.00 30.6K Jan 15, 2023 Common Stock 30.6K 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.