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Marvell Technology, Inc. — Director's Dealing 2022
Jan 19, 2022
29937_dirs_2022-01-19_472660cd-5705-4ed0-9d23-5bd5d99ad68b.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: 2022-01-15
Reporting Person: Jarnac Dean E Jr. (EVP Worldwide Sales)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-01-15 | Common Stock | M | 1384 | $0.00 | Acquired | 50265 | Direct |
| 2022-01-15 | Common Stock | F | 687 | $83.00 | Disposed | 49578 | Direct |
| 2022-01-15 | Common Stock | M | 861 | $0.00 | Acquired | 50439 | Direct |
| 2022-01-15 | Common Stock | F | 477 | $83.00 | Disposed | 49962 | Direct |
| 2022-01-15 | Common Stock | M | 2319 | $0.00 | Acquired | 52281 | Direct |
| 2022-01-15 | Common Stock | F | 1185 | $83.00 | Disposed | 51096 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-01-15 | Restricted Stock Units | $ | M | 1384 | Disposed | Common Stock (1384) | Direct | |
| 2022-01-15 | Restricted Stock Units | $ | M | 861 | Disposed | Common Stock (861) | Direct | |
| 2022-01-15 | Restricted Stock Units | $ | M | 2319 | Disposed | Common Stock (2319) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 30879 | Indirect |
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: Shares are held in a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.
F4: The remaining RSUs vest quarterly on each of 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F5: The remaining RSUs fully vest on 4/15/2022.
F6: The remaining RSU's will vest on 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.