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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.