AI assistant
Marvell Technology, Inc. — Director's Dealing 2022
Jul 19, 2022
29937_dirs_2022-07-19_4c2bc04a-840e-446a-a73e-b720f5528e6a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2022-07-15
Reporting Person: Hussain Muhammad Raghib (President, Products & Tech)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-07-15 | Common Stock | M | 6959 | $0.00 | Acquired | 717393 | Direct |
| 2022-07-15 | Common Stock | F | 3451 | $48.22 | Disposed | 713942 | Direct |
| 2022-07-15 | Common Stock | M | 3306 | $0.00 | Acquired | 717248 | Direct |
| 2022-07-15 | Common Stock | F | 1640 | $48.22 | Disposed | 715608 | Direct |
| 2022-07-15 | Common Stock | M | 3171 | $0.00 | Acquired | 718779 | Direct |
| 2022-07-15 | Common Stock | F | 1573 | $48.22 | Disposed | 717206 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-07-15 | Restricted Stock Units | $ | M | 6959 | Disposed | Common Stock (6959) | Direct | |
| 2022-07-15 | Restricted Stock Units | $ | M | 3306 | Disposed | Common Stock (3306) | Direct | |
| 2022-07-15 | Restricted Stock Units | $ | M | 3171 | Disposed | Common Stock (3171) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 88081 | Indirect |
Footnotes
F1: Includes 573 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: Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
F4: Each RSU represents a contingent right to receive one Marvell Technology, Inc. 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.