Loi Nguyen - Sep 23, 2022 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Optical & CC Grp
Signature
Loi Nguyen by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Sep 23, 2022
Transactions value $
-$50,725
Form type
4
Date filed
8/17/2023, 05:08 PM
Previous filing
Sep 6, 2022
Next filing
Nov 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Gift $0 -4K -1.77% $0.00 222K Sep 23, 2022 Direct F1, F2
transaction MRVL Common Stock Options Exercise $0 +1.73K +0.78% $0.00 224K Aug 15, 2023 Direct
transaction MRVL Common Stock Tax liability -$50.7K -858 -0.38% $59.12 223K Aug 15, 2023 Direct F3

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 -1.73K -24.99% $0.00 5.19K Aug 15, 2023 Common Stock 1.73K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Gift made in prior fiscal year, but reported late due to an issue with the notice from the broker of the transaction.
F2 Includes 404 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2023.
F3 Surrender of shares in payment of tax withholding due as a result of the vesting of Restricted Stock Units ("RSUs").
F4 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5 The remaining RSUs will vest on 11/15/2023, 02/15/2024 and 05/15/2024.