Marvell Technology, Inc. — Director's Dealing 2021

May 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2021-05-17

Reporting Person: MURPHY MATTHEW J (Director, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-17	Common Stock	S	20000	$42.66	Disposed	247328	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-04-15	Restricted Stock Units	$	A	90201	Acquired		Common Stock (90201)	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $42.26 to $43.18, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F3: Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.

F4: Each restricted stock unit represents a contingent right to receive one Marvell common share upon vesting.

F5: This RSU grant on April 15, 2021 was inadvertently listed as 101,477 shares on the Form 3 filed for Mr. Murphy on April 21, 2021.

F6: The Restricted Stock Units will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.