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Marvell Technology, Inc. Director's Dealing 2022

Oct 18, 2022

29937_dirs_2022-10-18_086041f3-f880-448e-a9ce-350fed884607.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: 2022-10-15

Reporting Person: Jarnac Dean E Jr. (EVP Worldwide Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-10-15 Common Stock M 2320 $0.00 Acquired 66423 Direct
2022-10-15 Common Stock F 1151 $37.01 Disposed 65272 Direct
2022-10-15 Common Stock M 1384 $0.00 Acquired 66656 Direct
2022-10-15 Common Stock F 687 $37.01 Disposed 65969 Direct
2022-10-15 Common Stock M 1312 $0.00 Acquired 67281 Direct
2022-10-15 Common Stock F 651 $37.01 Disposed 66630 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-10-15 Restricted Stock Units $ M 2320 Disposed Common Stock (2320) Direct
2022-10-15 Restricted Stock Units $ M 1384 Disposed Common Stock (1384) Direct
2022-10-15 Restricted Stock Units $ M 1312 Disposed Common Stock (1312) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 24879 Indirect

Footnotes

F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

F2: Shares are held in a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.

F3: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F4: The remaining RSUs will vest on 01/15/2023 and 04/15/2023.

F5: The remaining RSUs will vest on 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.

F6: The remaining RSUs will vest on 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.