Nariman Yousefi - Apr 15, 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
Stock symbol
MRVL
Transactions as of
Apr 15, 2023
Transactions value $
-$34,811
Form type
4
Date filed
4/18/2023, 01:38 PM
Previous filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.64K +0.57% $0.00 288K Apr 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$34.8K -864 -0.3% $40.29 287K Apr 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 -1.64K -11.11% $0.00 13.1K Apr 15, 2023 Common Stock 1.64K 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.