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Marvell Technology, Inc. Director's Dealing 2022

Jul 19, 2022

29937_dirs_2022-07-19_872bcb1a-3a5b-40b8-a344-09d3cef166e4.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: Hu Jean X. (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-07-15 Common Stock M 3976 $0.00 Acquired 232151 Direct
2022-07-15 Common Stock F 1738 $48.22 Disposed 230413 Direct
2022-07-15 Common Stock M 2460 $0.00 Acquired 232873 Direct
2022-07-15 Common Stock F 1005 $48.22 Disposed 231868 Direct
2022-07-15 Common Stock M 2624 $0.00 Acquired 234492 Direct
2022-07-15 Common Stock F 1111 $48.22 Disposed 233381 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2022-07-15 Restricted Stock Units $ M 3976 Disposed Common Stock (3976) Direct
2022-07-15 Restricted Stock Units $ M 2460 Disposed Common Stock (2460) Direct
2022-07-15 Restricted Stock Units $ M 2624 Disposed Common Stock (2624) Direct

Footnotes

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

F2: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

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

F4: The remaining RSUs will vest on 10/15/2022, 01/15/2023 and 04/15/2023.

F5: 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.

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, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.