Jean X. Hu - 15 Jan 2023 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Reporting relationship: Chief Financial Officer
Issuer ticker: MRVL
Reported as of: 15 Jan 2023
Net transaction value: -$104,929
SEC form: 4
Accepted by SEC: 18 Jan 2023, 09:55:10 UTC
Prior SEC filing: 05 Jan 2023
Next SEC filing: 31 Jan 2023
Source filing: View source filing
Reporting owner signature: Jean X. Hu by Blair Walters as Attorney-in-Fact

Key filing fact

Jean X. Hu filed Form 4 for Marvell Technology, Inc. (MRVL) on 18 Jan 2023.

Key facts

This page summarizes Jean X. Hu's Form 4 filing for Marvell Technology, Inc. (MRVL).
9 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 18 Jan 2023, 09:55.

Change

Previous filing in this sequence was filed on 05 Jan 2023.
Current net transaction value: -$104,929.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MRVL transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +3,976
Change %: +1.7%
Price: $0.000000
Shares after: 242,675
Date: 15 Jan 2023
Ownership: Direct

MRVL transaction

Common Stock

Tax liability

Transaction value: $48,560
Shares: -1,194
Change %: -0.49%
Price: $40.67
Shares after: 241,481
Date: 15 Jan 2023
Ownership: Direct
Footnotes: F1

MRVL transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,460
Change %: +1%
Price: $0.000000
Shares after: 243,941
Date: 15 Jan 2023
Ownership: Direct

MRVL transaction

Common Stock

Tax liability

Transaction value: $26,476
Shares: -651
Change %: -0.27%
Price: $40.67
Shares after: 243,290
Date: 15 Jan 2023
Ownership: Direct
Footnotes: F1

MRVL transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,624
Change %: +1.1%
Price: $0.000000
Shares after: 245,914
Date: 15 Jan 2023
Ownership: Direct

MRVL transaction

Common Stock

Tax liability

Transaction value: $29,892
Shares: -735
Change %: -0.3%
Price: $40.67
Shares after: 245,179
Date: 15 Jan 2023
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MRVL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -3,976
Change %: -50%
Price: $0.000000
Shares after: 3,977
Date: 15 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,976
Exercise price
Footnotes: F2, F3

MRVL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,460
Change %: -17%
Price: $0.000000
Shares after: 12,301
Date: 15 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,460
Exercise price
Footnotes: F2, F4

MRVL transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -2,624
Change %: -10%
Price: $0.000000
Shares after: 23,619
Date: 15 Jan 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,624
Exercise price
Footnotes: F2, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Footnote F2

Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

Footnote F3

The remaining RSUs will vest on 04/15/2023.

Footnote F4

The remaining RSUs will vest on 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.

Footnote F5

The remaining RSUs will vest on 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.