Marvell Technology, Inc. — Director's Dealing 2021

Nov 19, 2021

SEC Form 4/A — Form 4/A

Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2021-11-15

Reporting Person: Hussain Muhammad Raghib (President, Products & Tech)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-15	Common Stock	M	72976	$12.12	Acquired	640662	Direct
2021-11-15	Common Stock	M	25991	$15.59	Acquired	666653	Direct
2021-11-15	Common Stock	M	25990	$15.59	Acquired	692643	Direct
2021-11-15	Common Stock	S	52796	$72.34	Disposed	639847	Direct
2021-11-15	Common Stock	S	44195	$72.80	Disposed	595652	Direct
2021-11-15	Common Stock	S	3009	$73.63	Disposed	592643	Direct
2021-11-15	Common Stock	S	69083	$72.35	Disposed	523560	Direct
2021-11-15	Common Stock	S	52287	$72.82	Disposed	471273	Direct
2021-11-15	Common Stock	S	3587	$73.63	Disposed	467686	Direct
2021-11-16	Common Stock	S	100000	$72.33	Disposed	367686	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-15	Non-Qualified Stock Option	$12.12	M	72976	Disposed		Common Stock (72976)	Direct
2021-11-15	Non-Qualified Stock Option	$15.59	M	25991	Disposed		Common Stock (25991)	Direct
2021-11-15	Non-Qualified Stock Option	$15.59	M	25990	Disposed		Common Stock (25990)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	88081	Indirect

Footnotes

F1: Starting share total was incorrectly reported on previous 11.17.2021 filing due to a clerical error.

F2: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person.

F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.56 to $72.56, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F4: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.57 to $73.58, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F5: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.59 to $73.68, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F6: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.58 to $72.58, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F7: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.59 to $73.59, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F8: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.59 to $73.65, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F9: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.01 to $72.79, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F10: Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.

F11: The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person.

F12: The stock options completely vested on 11/01/2018.

F13: The stock options completely vested on 02/16/2019.