Chris Koopmans - Jul 15, 2021 Form 4 Insider Report for Marvell Technology, Inc. (MRVL)

Role
EVP, Chief Operations Officer
Signature
Christopher Koopmans by Blair Walters as Attorney-in-Fact
Stock symbol
MRVL
Transactions as of
Jul 15, 2021
Transactions value $
-$165,373
Form type
4
Date filed
7/19/2021, 05:07 PM
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.38K +2.3% $0.00 61.5K Jul 15, 2021 Direct F1
transaction MRVL Common Stock Tax liability -$38.2K -686 -1.11% $55.70 60.9K Jul 15, 2021 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2.29K +3.76% $0.00 63.1K Jul 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$63.1K -1.13K -1.79% $55.70 62K Jul 15, 2021 Direct F2
transaction MRVL Common Stock Options Exercise $0 +2.32K +3.74% $0.00 64.3K Jul 15, 2021 Direct
transaction MRVL Common Stock Tax liability -$64.1K -1.15K -1.79% $55.70 63.2K Jul 15, 2021 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MRVL Restricted Stock Units Options Exercise $0 -1.38K -8.33% $0.00 15.2K Jul 15, 2021 Common Stock 1.38K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.29K -25% $0.00 6.85K Jul 15, 2021 Common Stock 2.29K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2.32K -12.5% $0.00 16.2K Jul 15, 2021 Common Stock 2.32K Direct F3, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 364 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2021.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs vest on 10/15/2021, 01/15/2022, 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 vest on 10/15/2021, 01/15/2022 and 04/15/2022.
F6 The remaining RSUs vest on 10/15/2021, 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.