Loi Nguyen - 24 Apr 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Optical & CC Grp
Signature
Loi Nguyen by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
24 Apr 2023
Net transactions value
-$350,352
Form type
4
Filing time
26 Apr 2023, 17:33:49 UTC
Previous filing
18 Apr 2023
Next filing
16 May 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 +18,223 +8.1% $0.000000 242,550 24 Apr 2023 Direct
transaction MRVL Common Stock Tax liability $350,352 -9,039 -3.7% $38.76 233,511 24 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 -18,223 -100% $0.000000* 0 24 Apr 2023 Common Stock 18,223 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 This award fully vested on April 24, 2023.