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

Role
Director
Signature
Tudor Brown by Blair Walters as Attorney-in-Fact.
Stock symbol
MRVL
Transactions as of
Jun 16, 2023
Transactions value $
-$1,345
Form type
4
Date filed
6/21/2023, 07:05 PM
Previous filing
Jun 24, 2022
Next filing
Jun 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +4.32K +14.28% $0.00 34.6K Jun 16, 2023 Direct
transaction MRVL Common Stock Tax liability -$1.34K -22 -0.06% $61.12 34.5K Jun 16, 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 -4.32K -100% $0.00* 0 Jun 16, 2023 Common Stock 4.32K Direct F2, F3
transaction MRVL Restricted Stock Units Award $0 +4.57K $0.00 4.57K Jun 16, 2023 Common Stock 4.57K Direct F2, F4
* 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. ("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.