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Marvell Technology, Inc. — Director's Dealing 2022
Jan 4, 2022
29937_dirs_2022-01-04_21adbd58-2868-459e-a8a4-3bddf4b7cfbb.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: 2021-12-31
Reporting Person: YOUSEFI NARIMAN (EVP, Auto Coherent DSP&Switch)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-31 | Common Stock | M | 133647 | $0.00 | Acquired | 327987 | Direct |
| 2021-12-31 | Common Stock | F | 66262 | $87.49 | Disposed | 261725 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-31 | Restricted Stock Units | $ | M | 133647 | Disposed | Common Stock (133647) | 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. ("Marvell") common share upon vesting.
F3: This award fully vested on 12/31/2021. Reflects the number of shares earned in respect of performance based restricted stock. This award was assumed by Marvell on 04/20/2021 as part of the acquisition of Inphi Corporation. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were attained effective 12/31/2021.