Filing Details

Accession Number:
0001209191-22-024874
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-04-19 21:46:27
Reporting Period:
2022-04-15
Accepted Time:
2022-04-19 21:46:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1835632 Marvell Technology Inc. MRVL () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1697033 Dan Christman 5488 Marvell Lane
Santa Clara CA 95054
Evp, Storage Business Group No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-04-15 59,048 $0.00 62,354 No 4 M Direct
Common Stock Disposition 2022-04-15 29,276 $60.97 33,078 No 4 F Direct
Common Stock Acquisiton 2022-04-15 2,461 $0.00 35,539 No 4 M Direct
Common Stock Disposition 2022-04-15 1,221 $60.97 34,318 No 4 F Direct
Common Stock Acquisiton 2022-04-15 2,651 $0.00 36,969 No 4 M Direct
Common Stock Disposition 2022-04-15 1,315 $60.97 35,654 No 4 F Direct
Common Stock Acquisiton 2022-04-15 1,614 $0.00 37,268 No 4 M Direct
Common Stock Disposition 2022-04-15 801 $60.97 36,467 No 4 F Direct
Common Stock Disposition 2022-04-18 7,000 $60.39 113,203 No 4 S Indirect By Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Indirect By Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Units Disposition 2022-04-15 59,048 $0.00 59,048 $0.00
Common Stock Restricted Stock Units Disposition 2022-04-15 2,461 $0.00 2,461 $0.00
Common Stock Restricted Stock Units Disposition 2022-04-15 2,651 $0.00 2,651 $0.00
Common Stock Restricted Stock Units Disposition 2022-04-15 1,614 $0.00 1,614 $0.00
Common Stock Restricted Stock Units Acquisiton 2022-04-15 26,243 $0.00 26,243 $0.00
Common Stock Restricted Stock Units Acquisiton 2022-04-15 8,201 $0.00 8,201 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
10,604 No 4 M Direct
12,916 No 4 M Direct
26,243 No 4 A Direct
8,201 No 4 A Direct
Footnotes
  1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person.
  3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.25 to $60.56, inclusive. The reporting person undertakes to provide Marvell Technology, Inc., any security holder of Marvell, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
  4. Shares are held in the Christman Family Trust, U/A DTD and dated 02/02/2011, of which Daniel S. Christman is the trustee.
  5. Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
  6. This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2019.
  7. This award fully vested on 04/15/2022.
  8. The remaining RSUs vest quarterly on each of 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.
  9. The remaining RSUs vest quarterly on each of 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.
  10. The RSUs will vest in equal quarterly installments over three years.