Filing Details
- Accession Number:
- 0001209191-22-024881
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-04-19 21:59:10
- Reporting Period:
- 2022-04-15
- Accepted Time:
- 2022-04-19 21:59:10
- 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 |
|---|---|---|---|---|---|---|---|
| 1787184 | Jr. E Dean Jarnac | 5488 Marvell Lane Santa Clara CA 95054 | Evp Worldwide Sales | 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 | 8,858 | $0.00 | 61,147 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-04-15 | 4,392 | $60.97 | 56,755 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2022-04-15 | 862 | $0.00 | 57,617 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-04-15 | 428 | $60.97 | 57,189 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2022-04-15 | 2,320 | $0.00 | 59,509 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-04-15 | 1,151 | $60.97 | 58,358 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2022-04-15 | 1,384 | $0.00 | 59,742 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2022-04-15 | 687 | $60.97 | 59,055 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2022-04-19 | 6,000 | $60.96 | 24,879 | 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 | 8,858 | $0.00 | 8,858 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-04-15 | 1,384 | $0.00 | 1,384 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-04-15 | 862 | $0.00 | 862 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2022-04-15 | 2,320 | $0.00 | 2,320 | $0.00 |
| Common Stock | Restricted Stock Units | Acquisiton | 2022-04-15 | 15,746 | $0.00 | 15,746 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct | ||
| 11,071 | No | 4 | M | Direct | ||
| 0 | No | 4 | M | Direct | ||
| 9,279 | No | 4 | M | Direct | ||
| 15,746 | No | 4 | A | Direct |
Footnotes
- Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
- Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- Shares are held in a revocable trust. Dean and Megan Jarnac are trustees of the trust, of which their children are the beneficiaries.
- Grant is fully vested.
- The remaining RSUs vest quarterly on each of 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.
- The remaining RSU's will vest on 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.
- The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.
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