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Marvell Technology, Inc. Director's Dealing 2022

Jul 19, 2022

29937_dirs_2022-07-19_4dff851d-8354-433f-b589-1bebddd794df.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: 2022-07-15

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-07-15 Common Stock M 14911 $0.00 Acquired 687535 Indirect
2022-07-15 Common Stock F 6331 $48.22 Disposed 681204 Indirect
2022-07-15 Common Stock M 7516 $0.00 Acquired 688720 Indirect
2022-07-15 Common Stock F 3319 $48.22 Disposed 685401 Indirect
2022-07-15 Common Stock M 6150 $0.00 Acquired 691551 Indirect
2022-07-15 Common Stock F 2678 $48.22 Disposed 688873 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-07-15 Restricted Stock Units $ M 14911 Disposed Common Stock (14911) Direct
2022-07-15 Restricted Stock Units $ M 7516 Disposed Common Stock (7516) Direct
2022-07-15 Restricted Stock Units $ M 6150 Disposed Common Stock (6150) Direct

Footnotes

F1: Includes 572 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2022.

F2: Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.

F3: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

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

F5: The remaining RSUs will vest on 10/15/2022, 01/15/2023 and 04/15/2023.

F6: The remaining RSUs will vest on 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.

F7: The remaining RSUs will vest on 10/15/2022, 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.