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Marvell Technology, Inc. Director's Dealing 2021

Aug 18, 2021

29937_dirs_2021-08-17_eadb2bff-7d20-4a27-a683-7aa291bf99c2.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: 2021-08-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-15 Common Stock M 35540 $0.00 Acquired 855143 Direct
2021-08-15 Common Stock F 17621 $60.39 Disposed 837522 Direct
2021-08-15 Common Stock M 43255 $0.00 Acquired 880777 Direct
2021-08-15 Common Stock F 21446 $60.39 Disposed 859331 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-08-15 Restricted Stock Units $ M 35540 Disposed Common Stock (35540) Direct
2021-08-15 Restricted Stock Units $ M 43255 Disposed Common Stock (43255) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 88081 Indirect

Footnotes

F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

F2: Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.

F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F4: This award fully vested on August 15, 2021.

F5: This grant is fully vested. Reflects the number of shares earned in respect of performance based RSUs granted on April 15, 2018. The achievement levels of the relative TSR performance metrics applicable to the award and the number of shares earned based on such results were certified on April 15, 2021.