Hussain Muhammad Raghib's Form 4/A amendment
AmendedMarvell Technology, Inc. (MRVL) · filed Nov 18, 2021
- Accession no.
- 0001209191-21-065663
- Filed
- Nov 18, 2021
- Trade date
- Nov 15-16, 2021
- Filing delay
- 3 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Nov 17, 2021
This filing lists 10 non-derivative transactions and 3 derivative transactions. Open-market sales total $23.6M. It was filed 3 days after the trade.
This amendment replaces 0001209191-21-065373 (filed Nov 17, 2021).
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Hussain Muhammad RaghibCIK 0001680691 | Officer (President, Products & Tech) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2021 | Common Stock | MOption exerciseAcquired | +72,976 | $12.12 | +$884,469.12 | 640,662 | Direct | |
| Nov 15, 2021 | Common Stock | MOption exerciseAcquired | +25,991 | $15.59 | +$405,199.69 | 666,653 | Direct | |
| Nov 15, 2021 | Common Stock | MOption exerciseAcquired | +25,990 | $15.59 | +$405,184.1 | 692,643 | Direct | |
| Nov 15, 2021 | Common Stock | SSaleDisposed | −52,796 | $72.34F3 | −$3,819,262.64 | 639,847 | Direct | |
| Nov 15, 2021 | Common Stock | SSaleDisposed | −44,195 | $72.80F4 | −$3,217,396 | 595,652 | Direct | |
| Nov 15, 2021 | Common Stock | SSaleDisposed | −3,009 | $73.63F5 | −$221,552.67 | 592,643 | Direct | |
| Nov 15, 2021 | Common Stock | SSaleDisposed | −69,083 | $72.35F6 | −$4,998,155.05 | 523,560 | Direct | |
| Nov 15, 2021 | Common Stock | SSaleDisposed | −52,287 | $72.82F7 | −$3,807,539.34 | 471,273 | Direct | |
| Nov 15, 2021 | Common Stock | SSaleDisposed | −3,587 | $73.63F8 | −$264,110.81 | 467,686 | Direct | |
| Nov 16, 2021 | Common Stock | SSaleDisposed | −100,000 | $72.33F9 | −$7,233,000 | 367,686 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 15, 2021 | Common Stock | MOption exerciseDisposed | −72,976 | $0.00 | $0 | 0 | Direct | |
| Nov 15, 2021 | Common Stock | MOption exerciseDisposed | −25,991 | $0.00 | $0 | 0 | Direct | |
| Nov 15, 2021 | Common Stock | MOption exerciseDisposed | −25,990 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Starting share total was incorrectly reported on previous 11.17.2021 filing due to a clerical error.
- 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 $71.56 to $72.56, 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.
Referenced by the price of 1 transaction in Table I.
- F4
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.57 to $73.58, 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.
Referenced by the price of 1 transaction in Table I.
- F5
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.59 to $73.68, 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.
Referenced by the price of 1 transaction in Table I.
- F6
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.58 to $72.58, 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.
Referenced by the price of 1 transaction in Table I.
- F7
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.59 to $73.59, 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.
Referenced by the price of 1 transaction in Table I.
- F8
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.59 to $73.65, 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.
Referenced by the price of 1 transaction in Table I.
- F9
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.01 to $72.79, 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.
Referenced by the price of 1 transaction in Table I.
- F10
Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
- F11
The stock option exercises reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reported person.
- F12
The stock options completely vested on 11/01/2018.
- F13
The stock options completely vested on 02/16/2019.
Remarks
Raghib Hussain by Blair Walters as Attorney-In-Fact