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Marvell Technology, Inc. — Director's Dealing 2021
Oct 20, 2021
29937_dirs_2021-10-19_acaef5d2-c9ad-4c16-9946-a7afe803f709.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: 2021-10-15
Reporting Person: Hussain Muhammad Raghib (President, Products & Tech)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-15 | Common Stock | G | 300423 | $0.00 | Disposed | 558908 | Direct |
| 2021-10-15 | Common Stock | M | 3306 | $0.00 | Acquired | 562214 | Direct |
| 2021-10-15 | Common Stock | F | 1640 | $65.65 | Disposed | 560574 | Direct |
| 2021-10-15 | Common Stock | M | 6853 | $0.00 | Acquired | 567427 | Direct |
| 2021-10-15 | Common Stock | F | 3398 | $65.65 | Disposed | 564029 | Direct |
| 2021-10-15 | Common Stock | M | 6959 | $0.00 | Acquired | 570988 | Direct |
| 2021-10-15 | Common Stock | F | 3451 | $65.65 | Disposed | 567537 | Direct |
| 2021-10-15 | Common Stock | M | 296 | $0.00 | Acquired | 567833 | Direct |
| 2021-10-15 | Common Stock | F | 147 | $65.65 | Disposed | 567686 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-15 | Restricted Stock Units | $ | M | 3306 | Disposed | Common Stock (3306) | Direct | |
| 2021-10-15 | Restricted Stock Units | $ | M | 6853 | Disposed | Common Stock (6853) | Direct | |
| 2021-10-15 | Restricted Stock Units | $ | M | 6959 | Disposed | Common Stock (6959) | Direct | |
| 2021-10-15 | Restricted Stock Units | $ | M | 296 | Acquired | Common Stock (296) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 88081 | Indirect |
Footnotes
F1: This is a bona fide gift and a voluntary early filing.
F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3: Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F4: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5: The remaining RSUs will vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F6: The remaining RSUs will vest on 01/15/2022 and 04/15/2022.
F7: The remaining RSUs will vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.
F8: On October 15, 2021 an RSU grant was made to Mr. Hussain for 296 shares. This grant was made to correct an administrative error. The shares fully vested on the grant date.