Nariman Yousefi - 15 Apr 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role: EVP, Automotive, Coherent DSP
Signature: Nariman Yousefi by Blair Walters as Attorney-in-Fact
Issuer symbol: MRVL
Transactions as of: 15 Apr 2023
Net transactions value: -$34,811
Form type: 4
Filing time: 18 Apr 2023, 13:38:42 UTC
Previous filing: 03 Mar 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	+1,640	+0.57%	$0.000000	287,555	15 Apr 2023	Direct
transaction	MRVL	Common Stock	Tax liability	$34,811	-864	-0.3%	$40.29	286,691	15 Apr 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	-1,640	-11%	$0.000000	13,122	15 Apr 2023	Common Stock	1,640		Direct	F2, F3

* 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 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.