Chris Koopmans - Jan 15, 2022 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
Jan 15, 2022
Transactions value $
-$178,948
Form type
4
Date filed
1/19/2022, 08:42 PM
Previous filing
Dec 7, 2021
Next filing
Apr 19, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +1.38K +1.83% $0.00 77.2K Jan 15, 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability -$39.8K -479 -0.62% $83.00 76.7K Jan 15, 2022 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2.29K +2.98% $0.00 79K Jan 15, 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability -$72.6K -875 -1.11% $83.00 78.1K Jan 15, 2022 By Family Trust F1, F2
transaction MRVL Common Stock Options Exercise $0 +2.32K +2.97% $0.00 80.4K Jan 15, 2022 By Family Trust F1
transaction MRVL Common Stock Tax liability -$66.6K -802 -1% $83.00 79.6K Jan 15, 2022 By Family Trust F1, 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 -10% $0.00 12.5K Jan 15, 2022 Common Stock 1.38K Direct F3, F4
transaction MRVL Restricted Stock Units Options Exercise $0 -2.29K -50% $0.00 2.29K Jan 15, 2022 Common Stock 2.29K Direct F3, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -2.32K -16.66% $0.00 11.6K Jan 15, 2022 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 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F2 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F3 Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F4 The remaining RSUs vest on 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 04/15/2022.
F6 The remaining RSUs vest on 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.