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Marvell Technology, Inc. — Director's Dealing 2021
Jul 19, 2021
29937_dirs_2021-07-19_7158c01d-96d7-4339-a524-09cf61672fff.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: Hussain Muhammad Raghib (President, Products & Tech)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-07-15 | Common Stock | M | 3305 | $0.00 | Acquired | 814279 | Direct |
| 2021-07-15 | Common Stock | F | 1639 | $55.70 | Disposed | 812640 | Direct |
| 2021-07-15 | Common Stock | M | 6854 | $0.00 | Acquired | 819494 | Direct |
| 2021-07-15 | Common Stock | F | 3399 | $55.70 | Disposed | 816095 | Direct |
| 2021-07-15 | Common Stock | M | 6958 | $0.00 | Acquired | 823053 | Direct |
| 2021-07-15 | Common Stock | F | 3450 | $55.70 | Disposed | 819603 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-07-15 | Restricted Stock Units | $ | M | 3305 | Disposed | Common Stock (3305) | Direct | |
| 2021-07-15 | Restricted Stock Units | $ | M | 6854 | Disposed | Common Stock (6854) | Direct | |
| 2021-07-15 | Restricted Stock Units | $ | M | 6958 | Disposed | Common Stock (6958) | 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 restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4: The remaining RSU's 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 RSU's will vest on 10/15/2021, 01/15/2022 and 04/15/2022.
F6: The remaining RSU's 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.