Muhammad Raghib Hussain - 15 Jul 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
President, Products & Tech
Signature
Muhammad Raghib Hussain by Blair Walters as Attorney-in-Fact
Issuer symbol
MRVL
Transactions as of
15 Jul 2023
Net transactions value
-$371,056
Form type
4
Filing time
18 Jul 2023, 21:28:27 UTC
Previous filing
13 Jun 2023
Next filing
01 Aug 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 +3,306 +0.39% $0.000000 851,720 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $104,058 -1,640 -0.19% $63.45 850,080 15 Jul 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +3,171 +0.37% $0.000000 853,251 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $99,807 -1,573 -0.18% $63.45 851,678 15 Jul 2023 Direct F1
transaction MRVL Common Stock Options Exercise $0 +5,314 +0.62% $0.000000 856,992 15 Jul 2023 Direct
transaction MRVL Common Stock Tax liability $167,191 -2,635 -0.31% $63.45 854,357 15 Jul 2023 Direct F1
holding MRVL Common Stock 88,081 15 Jul 2023 By Family Trusts

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 -3,306 -25% $0.000000 9,917 15 Jul 2023 Common Stock 3,306 Direct F2, F3
transaction MRVL Restricted Stock Units Options Exercise $0 -3,171 -12% $0.000000 22,197 15 Jul 2023 Common Stock 3,171 Direct F2, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -5,314 -8.3% $0.000000 58,463 15 Jul 2023 Common Stock 5,314 Direct F2, F5
* 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 unit ("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 10/15/2023, 01/15/2024 and 04/15/2024.
F4 The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.
F5 The remaining RSUs will vest on 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025, 04/15/2025, 07/15/2025, 10/15/2025, 01/15/2026 and 04/15/2026.