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Marvell Technology, Inc. — Director's Dealing 2021
Oct 19, 2021
29937_dirs_2021-10-19_6cae26c7-27c9-4f82-b979-b4c97a15736f.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: Jarnac Dean E Jr. (EVP Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-10-15 | Common Stock | M | 1384 | $0.00 | Acquired | 32263 | Direct |
| 2021-10-15 | Common Stock | F | 687 | $65.65 | Disposed | 31576 | Direct |
| 2021-10-15 | Common Stock | M | 861 | $0.00 | Acquired | 32437 | Direct |
| 2021-10-15 | Common Stock | F | 427 | $65.65 | Disposed | 32010 | Direct |
| 2021-10-15 | Common Stock | M | 2320 | $0.00 | Acquired | 34330 | Direct |
| 2021-10-15 | Common Stock | F | 1151 | $65.65 | Disposed | 33179 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-10-15 | Restricted Stock Units | $ | M | 1384 | Disposed | Common Stock (1384) | Direct | |
| 2021-10-15 | Restricted Stock Units | $ | M | 861 | Disposed | Common Stock (861) | Direct | |
| 2021-10-15 | Restricted Stock Units | $ | M | 2320 | Disposed | Common Stock (2320) | Direct |
Footnotes
F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F2: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3: The remaining RSUs vest quarterly on each of 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.
F4: The remaining RSUs will vest on each of 01/15/2022 and 04/15/2022.
F5: The remaining RSU's will vest on 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.