Form 4 for MRVL Marvell Technology
Accepted 2022-04-19 00:00:00 ET · period of report 2022-04-15 · accession 0001209191-22-024874 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-04-19 | 2022-04-15 | MRVL | Christman Dan | EVP, Storage Business Group | F - Tax | $60.97 | -32.6K | 33.1K | -50% | -$1.99M |
| DI | 2022-04-19 | 2022-04-18 | MRVL | Christman Dan | EVP, Storage Business Group | S - Sale+OE | $60.39 | -7,000 | 113.2K | -6% | -$422.7K |
| DM | 2022-04-19 | 2022-04-15 | MRVL | Christman Dan | EVP, Storage Business Group | M - OptEx | $0.00 | +65.8K | 37.3K | New | $0 |
| DM | 2022-04-19 | 2022-04-15 | MRVL | Christman Dan | EVP, Storage Business Group | A - Grant | $0.00 | +34.4K | 8,201 | New | $0 |
| DM | 2022-04-19 | 2022-04-15 | MRVL | Christman Dan | EVP, Storage Business Group | M - OptEx | $0.00 | -65.8K | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-04-15 | F | D | 1,315 | $60.97 | 35,654 | D | — | — | |
| 2 | Common | Common Stock | 2022-04-15 | F | D | 801 | $60.97 | 36,467 | D | — | — | |
| 3 | Common | Common Stock | 2022-04-18 | S | D | 7,000 | $60.39 | 113,203 | I | — | — | (F2) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person. (F3) 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 | Common | Common Stock | 2022-04-15 | M | A | 2,651 | $0.00 | 36,969 | D | — | — | |
| 5 | Common | Common Stock | 2022-04-15 | F | D | 1,221 | $60.97 | 34,318 | D | — | — | |
| 6 | Common | Common Stock | 2022-04-15 | M | A | 2,461 | $0.00 | 35,539 | D | — | — | |
| 7 | Common | Common Stock | 2022-04-15 | F | D | 29,276 | $60.97 | 33,078 | D | — | — | |
| 8 | Common | Common Stock | 2022-04-15 | M | A | 59,048 | $0.00 | 62,354 | D By Trust | — | — | (F4) Shares are held in the Christman Family Trust, U/A DTD and dated 02/02/2011, of which Daniel S. Christman is the trustee. |
| 9 | Common | Common Stock | 2022-04-15 | M | A | 1,614 | $0.00 | 37,268 | D | — | — | |
| 10 | Derivative | Restricted Stock Units | 2022-04-15 | A | A | 26,243 | $0.00 | 26,243 | D | — · — to — | 26,243 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F10) The RSUs will vest in equal quarterly installments over three years. |
| 11 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 1,614 | $0.00 | 12,916 | D | — · — to — | 1,614 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F9) 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. |
| 12 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 2,651 | $0.00 | 10,604 | D | — · — to — | 2,651 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F8) The remaining RSUs vest quarterly on each of 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023. |
| 13 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 2,461 | $0.00 | 0 | D | — · — to — | 2,461 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F7) This award fully vested on 04/15/2022. |
| 14 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 59,048 | $0.00 | 0 | D | — · — to — | 59,048 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F6) This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2019. |
| 15 | Derivative | Restricted Stock Units | 2022-04-15 | A | A | 8,201 | $0.00 | 8,201 | D | — · — to — | 8,201 Common Stock | (F5) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F10) The RSUs will vest in equal quarterly installments over three years. |