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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.