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Marvell Technology, Inc. — Director's Dealing 2022
Mar 3, 2022
29937_dirs_2022-03-03_2126b824-2e48-4218-b933-bfa9950e84cf.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: 2022-03-01
Reporting Person: YOUSEFI NARIMAN (EVP, Auto Coherent DSP&Switch)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-01 | Common Stock | M | 12401 | $0.00 | Acquired | 274878 | Direct |
| 2022-03-01 | Common Stock | F | 6530 | $64.95 | Disposed | 268348 | Direct |
| 2022-03-01 | Common Stock | M | 3001 | $0.00 | Acquired | 271349 | Direct |
| 2022-03-01 | Common Stock | F | 1581 | $64.95 | Disposed | 269768 | 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: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F3: The remaining RSU's will vest on 03/01/2023 and 03/01/2024.
F4: The remaining RSUs 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.
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