Chris Koopmans - Jul 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
Jul 15, 2022
Transactions value $
-$173,544
Form type
4
Date filed
7/19/2022, 06:49 PM
Previous filing
Apr 19, 2022
Next filing
Oct 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRVL Common Stock Options Exercise $0 +2.32K +2.09% $0.00 113K Jul 15, 2022 By Family Trust F1, F2
transaction MRVL Common Stock Tax liability -$55.5K -1.15K -1.02% $48.22 112K Jul 15, 2022 By Family Trust F2, F3
transaction MRVL Common Stock Options Exercise $0 +1.38K +1.24% $0.00 113K Jul 15, 2022 By Family Trust F2
transaction MRVL Common Stock Tax liability -$33.1K -687 -0.61% $48.22 113K Jul 15, 2022 By Family Trust F2, F3
transaction MRVL Common Stock Options Exercise $0 +1.37K +1.21% $0.00 114K Jul 15, 2022 By Family Trust F2
transaction MRVL Common Stock Tax liability -$32.7K -678 -0.59% $48.22 113K Jul 15, 2022 By Family Trust F2, F3
transaction MRVL Common Stock Options Exercise $0 +2.19K +1.93% $0.00 116K Jul 15, 2022 By Family Trust F2
transaction MRVL Common Stock Tax liability -$52.3K -1.08K -0.94% $48.22 115K Jul 15, 2022 By Family Trust F2, F3

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 -2.32K -24.99% $0.00 6.96K Jul 15, 2022 Common Stock 2.32K Direct F4, F5
transaction MRVL Restricted Stock Units Options Exercise $0 -1.38K -12.5% $0.00 9.69K Jul 15, 2022 Common Stock 1.38K Direct F4, F6
transaction MRVL Restricted Stock Units Options Exercise $0 -1.37K -8.33% $0.00 15K Jul 15, 2022 Common Stock 1.37K Direct F4, F7
transaction MRVL Restricted Stock Units Options Exercise $0 -2.19K -8.33% $0.00 24.1K Jul 15, 2022 Common Stock 2.19K Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 572 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2022.
F2 Shares held by the Christopher R. Koopmans and Heather J. Koopmans Family Trust.
F3 Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
F4 Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
F5 The remaining RSUs vest quarterly on each of 10/15/2022, 01/15/2023 and 04/15/2023.
F6 The remaining RSUs vest quarterly on each of 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024 and 04/15/2024.
F7 The remaining RSUs vest quarterly on each of 10/15/2022, 01/15/2023, 04/15/2023, 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025