Sec Form 4 Filing - MURPHY MATTHEW J @ Marvell Technology, Inc. - 2022-01-15

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
MURPHY MATTHEW J
2. Issuer Name and Ticker or Trading Symbol
Marvell Technology, Inc. [ MRVL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
CEO and President
(Last) (First) (Middle)
5488 MARVELL LANE
3. Date of Earliest Transaction (MM/DD/YY)
01/15/2022
(Street)
SANTA CLARA, CA95054
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/29/2021 G ( 1 ) 20,000 D $ 0 602,349 I By Trust( 2 )
Common Stock 01/18/2022 S 30,000( 3 ) D $ 79.06( 4 ) 572,349 I By Trust( 2 )
Common Stock 01/15/2022 M 7,517 A $ 0 579,866 I By Trust( 2 )
Common Stock 01/15/2022 F( 5 ) 3,352 D $ 83 576,514 I By Trust( 2 )
Common Stock 01/15/2022 M 11,598 A $ 0 588,112 I By Trust( 2 )
Common Stock 01/15/2022 F( 5 ) 4,834 D $ 83 583,278 I By Trust( 2 )
Common Stock 01/15/2022 M 14,911 A $ 0 598,189 I By Trust( 2 )
Common Stock 01/15/2022 F( 5 ) 6,303 D $ 83 591,886 I By Trust( 2 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units ( 6 ) 01/15/2022 ( 6 ) M 7,517 ( 7 ) ( 7 ) Common Stock 7,517 $ 0 67,651 D
Restricted Stock Units ( 6 ) 01/15/2022 ( 6 ) M 11,598 ( 8 ) ( 8 ) Common Stock 11,598 $ 0 11,599 D
Restricted Stock Units ( 6 ) 01/15/2022 ( 6 ) M 14,911 ( 9 ) ( 9 ) Common Stock 14,911 $ 0 74,533 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
MURPHY MATTHEW J
5488 MARVELL LANE
SANTA CLARA, CA95054
X CEO and President
Signatures
Matthew Murphy by Blair Walters as Attorney-in-Fact 01/19/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )This is a bona fide gift of 20,000 shares. No value was received for the gifted shares. Transaction voluntarily reported earlier than required.
( 2 )Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.
( 3 )The sales of these shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
( 4 )The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $77.51 to $81.42, inclusive. The reporting person undertakes to provide Marvell Technology, Inc. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("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.
( 5 )Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
( 6 )Each restricted stock unit represents a contingent right to receive one Marvell common share upon vesting.
( 7 )The remaining RSUs will vest on 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.
( 8 )The remaining RSUs will fully vest on 04/15/2022.
( 9 )The remaining RSUs will vest on 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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