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Marvell Technology, Inc. Director's Dealing 2021

Jul 19, 2021

29937_dirs_2021-07-19_bbd38ebd-08ae-49b9-81e3-756803810e60.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: Jarnac Dean E Jr. (EVP Worldwide Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-07-15 Common Stock M 1383 $0.00 Acquired 28769 Direct
2021-07-15 Common Stock F 686 $55.70 Disposed 28083 Direct
2021-07-15 Common Stock M 861 $0.00 Acquired 28944 Direct
2021-07-15 Common Stock F 427 $55.70 Disposed 28517 Direct
2021-07-15 Common Stock M 2319 $0.00 Acquired 30836 Direct
2021-07-15 Common Stock F 1150 $55.70 Disposed 29686 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-07-15 Restricted Stock Units $ M 1383 Disposed Common Stock (1383) Direct
2021-07-15 Restricted Stock Units $ M 861 Disposed Common Stock (861) Direct
2021-07-15 Restricted Stock Units $ M 2319 Disposed Common Stock (2319) 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 restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3: The remaining RSUs vest quarterly on each of 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.

F4: The remaining RSUs will vest on each of 10/15/2021, 01/15/2022 and 04/15/2022.

F5: 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.