Marvell Technology, Inc. — Director's Dealing 2022

Apr 20, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2022-04-15

Reporting Person: Koopmans Chris (EVP, Chief Operations Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-04-15	Common Stock	M	2285	$0.00	Acquired	81928	Indirect
2022-04-15	Common Stock	F	1133	$60.97	Disposed	80795	Indirect
2022-04-15	Common Stock	M	54830	$0.00	Acquired	135625	Indirect
2022-04-15	Common Stock	F	27185	$60.97	Disposed	108440	Indirect
2022-04-15	Common Stock	M	2320	$0.00	Acquired	110760	Indirect
2022-04-15	Common Stock	F	1151	$60.97	Disposed	109609	Indirect
2022-04-15	Common Stock	M	1384	$0.00	Acquired	110993	Indirect
2022-04-15	Common Stock	F	687	$60.97	Disposed	110306	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-04-15	Restricted Stock Units	$	M	2285	Disposed		Common Stock (2285)	Direct
2022-04-15	Restricted Stock Units	$	M	54830	Disposed		Common Stock (54830)	Direct
2022-04-15	Restricted Stock Units	$	M	2320	Disposed		Common Stock (2320)	Direct
2022-04-15	Restricted Stock Units	$	M	1384	Disposed		Common Stock (1384)	Direct
2022-04-15	Restricted Stock Units	$	A	26243	Acquired		Common Stock (26243)	Direct
2022-04-15	Restricted Stock Units	$	A	16402	Acquired		Common Stock (16402)	Direct

Footnotes

F1: Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.

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 common share upon vesting.

F4: This award fully vested on April 15, 2022.

F5: This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2019. The achievement levels of the relative TSR performance metrics applicable to the award and the number of shares earned based on such results were certified on 04/15/2022.

F6: The remaining RSUs will vest on 07/15/2022, 10/15/22, 01/15/2023 and 04/15/2023.

F7: The remaining RSUs will vest on 07/15/2022, 10/15/22, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.

F8: The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.

F9: The RSUs will vest in equal quarterly installments over three years.