Form 4 for MRVL Marvell Technology
Accepted 2022-04-20 00:00:00 ET · period of report 2022-04-15 · accession 0001209191-22-025126 · 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 | 2022-04-20 | 2022-04-15 | MRVL | Hussain Muhammad Raghib | Pres, Products, Tech | M - OptEx | $0.00 | +181.6K | 782.8K | +30% | $0 |
| DM | 2022-04-20 | 2022-04-15 | MRVL | Hussain Muhammad Raghib | Pres, Products, Tech | F - Tax | $60.97 | -90.0K | 709.9K | -11% | -$5.49M |
| D | 2022-04-20 | 2022-04-19 | MRVL | Hussain Muhammad Raghib | Pres, Products, Tech | S - Sale+OE | $61.08 | -45.8K | 618.3K | -7% | -$2.80M |
| D | 2022-04-20 | 2022-04-15 | MRVL | Hussain Muhammad Raghib | Pres, Products, Tech | A - Grant | $0.00 | +38.1K | 38.1K | New | $0 |
| DM | 2022-04-20 | 2022-04-15 | MRVL | Hussain Muhammad Raghib | Pres, Products, Tech | M - OptEx | $0.00 | -181.6K | 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 | M | A | 3,305 | $0.00 | 711,500 | D | — | — | |
| 2 | Common | Common Stock | 2022-04-15 | F | D | 81,554 | $60.97 | 701,232 | D | — | — | |
| 3 | Common | Common Stock | 2022-04-15 | M | A | 6,854 | $0.00 | 708,086 | D | — | — | |
| 4 | Common | Common Stock | 2022-04-15 | F | D | 3,399 | $60.97 | 704,687 | D | — | — | |
| 5 | Common | Common Stock | 2022-04-15 | M | A | 6,958 | $0.00 | 711,645 | D | — | — | |
| 6 | Common | Common Stock | 2022-04-15 | F | D | 3,450 | $60.97 | 708,195 | D | — | — | |
| 7 | Common | Common Stock | 2022-04-15 | F | D | 1,639 | $60.97 | 709,861 | D | — | — | |
| 8 | Common | Common Stock | 2022-04-15 | M | A | 164,488 | $0.00 | 782,786 | D | — | — | |
| 9 | Common | Common Stock | 2022-04-19 | S | D | 45,782 | $61.08 | 618,298 | D | — | — | (F1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. (F2) The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.58 to $61.46, inclusive. The reporting person undertakes to provide Marvell, any security holder of Marvell, or the staff of the SEC, 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. |
| 10 | Derivative | Restricted Stock Units | 2022-04-15 | A | A | 38,052 | $0.00 | 38,052 | D | — · — to — | 38,052 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F8) The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process. |
| 11 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 3,305 | $0.00 | 26,446 | D | — · — to — | 3,305 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F7) The remaining RSUs vest on each of 07/15/2022, 10/15/2022, 1/15/2023, 4/15/2023, 7/15/2023, 10/15/2023, 1/15/2024 and 4/15/2024. |
| 12 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 6,958 | $0.00 | 27,834 | D | — · — to — | 6,958 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F6) The remaining RSUs vest on each of 07/15/2022, 10/15/2022, 01/15/2023 and 4/15/2023. |
| 13 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 6,854 | $0.00 | 0 | D | — · — to — | 6,854 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F5) The RSUs vested fully on 04/15/2022. |
| 14 | Derivative | Restricted Stock Units | 2022-04-15 | M | D | 164,488 | $0.00 | 0 | D | — · — to — | 164,488 Common Stock | (F4) Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting. (F9) This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2019. |