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Marvell Technology, Inc. — Director's Dealing 2021
Jul 19, 2021
29937_dirs_2021-07-19_ee0322b5-7d3a-4a9d-adde-4ea8a7964bd6.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: 2021-07-15
Reporting Person: Hu Jean X. (Chief Financial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-15 | Common Stock | M | 2460 | $0.00 | Acquired | 99713 | Direct |
| 2021-07-15 | Common Stock | F | 969 | $55.70 | Disposed | 98744 | Direct |
| 2021-07-15 | Common Stock | M | 3866 | $0.00 | Acquired | 102610 | Direct |
| 2021-07-15 | Common Stock | F | 1833 | $55.70 | Disposed | 100777 | Direct |
| 2021-07-15 | Common Stock | M | 3976 | $0.00 | Acquired | 104753 | Direct |
| 2021-07-15 | Common Stock | F | 1812 | $55.70 | Disposed | 102941 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-15 | Restricted Stock Units | $ | M | 2460 | Disposed | Common Stock (2460) | Direct | |
| 2021-07-15 | Restricted Stock Units | $ | M | 3866 | Disposed | Common Stock (3866) | Direct | |
| 2021-07-15 | Restricted Stock Units | $ | M | 3976 | Disposed | Common Stock (3976) | Direct |
Footnotes
F1: Includes 572 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2021.
F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSUs will vest on 10/15/2021, 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.
F5: The remaining RSUs will vest on 10/15/2021, 01/15/2022 and 04/15/2022.
F6: The remaining RSUs will vest on 10/15/2021, 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.