Marvell Technology, Inc. — Director's Dealing 2022

Mar 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Marvell Technology, Inc. (MRVL)
CIK: 0001835632
Period of Report: 2022-03-01

Reporting Person: Nguyen Loi (EVP, Optical & CC Grp)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-01	Common Stock	M	12401	$0.00	Acquired	220088	Direct
2022-03-01	Common Stock	F	4289	$64.95	Disposed	215799	Direct
2022-03-01	Common Stock	M	3001	$0.00	Acquired	218800	Direct
2022-03-01	Common Stock	F	1335	$64.95	Disposed	217465	Direct
2022-03-02	Common Stock	S	9778	$66.07	Disposed	207687	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-01	Restricted Stock Units	$	M	12401	Disposed		Common Stock (12401)	Direct
2022-03-01	Restricted Stock Units	$	M	3001	Disposed		Common Stock (3001)	Direct

Footnotes

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

F2: The sales of these shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F3: The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $65.57 to $66.64, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

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

F5: The remaining RSU's will vest on 03/01/2023 and 03/01/2024.

F6: The remaining RSU's will vest on 06/01/2022, 09/01/2022, 12/01/2022, 03/01/2023/, 06/01/2023, 09/01/2023, 12/01/2023 and 03/01/2024.