Ford Tamer - 16 Jun 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
Director
Signature
Ford Tamer by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
16 Jun 2023
Net transactions value
$0
Form type
4
Filing time
21 Jun 2023, 18:22:59 UTC
Previous filing
02 Jun 2023
Next filing
18 Dec 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 +4,320 +3.4% $0.000000 130,403 16 Jun 2023 Direct
holding MRVL Common Stock 443,193 16 Jun 2023 By Trust 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 -4,320 -100% $0.000000* 0 16 Jun 2023 Common Stock 4,320 Direct F2, F3
transaction MRVL Restricted Stock Units Award $0 +4,570 $0.000000 4,570 16 Jun 2023 Common Stock 4,570 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held in the Fouad and Roula Tamer Revocable Trust dated 04/01/2004.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.
F3 These RSUs vested as to 100% of the shares on June 16, 2023.
F4 Vests 100% of shares on the earlier of the next annual meeting of Marvell stockholders or the one year anniversary of the RSU grant.