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Marvell Technology, Inc. — Director's Dealing 2021
Dec 3, 2021
29937_dirs_2021-12-03_99c64329-d7eb-42cb-a620-1f2ef35dc605.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2021-12-01
Reporting Person: Nguyen Loi (EVP, Optical & CC Grp)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-01 | Common Stock | M | 3001 | $0.00 | Acquired | 220364 | Direct |
| 2021-12-01 | Common Stock | F | 1488 | $70.95 | Disposed | 218876 | Direct |
| 2021-12-02 | Common Stock | S | 1513 | $70.34 | Disposed | 217363 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-01 | Restricted Stock Units | $ | M | 3001 | Disposed | Common Stock (3001) | Direct |
Footnotes
F1: This number was adjusted due to a system error pursuant to which 5997 shares were not reported when they originally vested and 2995 shares were sold to pay taxes due upon such vesting.
F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3: The sales of these shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F4: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5: The remaining RSUs will vest on 03/01/22, 06/01/22, 09/01/22, 12/01/22, 03/01/23, 06/01/23, 09/01/23, 12/01/23, 03/01/24.