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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.