TapewireFind a company

person · Reporting owner

YOUSEFI NARIMAN

Disclosed activity across 1 company

Tapewire entity
15367
SEC CIK
0001464251

Export transaction history ↓

Reported relationships

Latest disclosed role at each company.

CompanyLast reported asReport datePublished
Marvell Technology, Inc.MRVL · Entity 521EVP, Automotive, Coherent DSPApril 15, 2023April 18, 2023

Disclosed balances

About these balances

Latest available filing per company, not a reconstructed current portfolio. Matching sequences show the last reported balance with all source rows expandable; grouping alone does not establish account ownership. Do not add unresolved positions together. Filings may omit unchanged positions, and amendments may correct only part of an older disclosure. Jointly reported shares are not necessarily this owner's personal holdings.

Marvell Technology, Inc.

Report date April 15, 2023 · Filed April 18, 2023

Security / awardOwnership accountDisclosed shares / unitsDisclosure context
Common StockSEC Table I · non-derivativeDirect286,691 Ending reported balance After 2023-04-15 transaction · row 2
2 source rows · reconciled sequence

Row 1 · 2023-04-15 · Exercise / conversion · Acquired 1,640 · Balance 287,555

Row 2 · 2023-04-15 · Tax withholding · Disposed 864 · Balance 286,691

F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Restricted Stock UnitsSEC Table II · derivative / convertible securityDirect13,122 Reported balance After 2023-04-15 transaction · row 3 Instrument identity requires review; Table II rows are not merged.
1 source row

Row 3 · 2023-04-15 · Exercise / conversion · Disposed 1,640 · Balance 13,122

F2: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3: The remaining RSUs will vest on 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.

Filing footnotes · ownership attribution and instrument terms

F1: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

F2: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3: The remaining RSUs will vest on 07/15/2023, 10/15/2023, 01/15/2024, 04/15/2024, 07/15/2024, 10/15/2024, 01/15/2025 and 04/15/2025.

Transaction history

JSON API
Reset

Purchases/sales include open-market and private transactions. Plan disclosure applies to the filing; individual rows may differ. “Not disclosed” is not “unplanned.”

The cutoff filters transaction history only. Company summaries and owner relationships show the latest available disclosures. Parser corrections can improve historical records.

Transaction dateCompanyActivity / securityShares / unitsReported priceReported valueDetails
February 15, 2022 Filed Feb 17, 2022 13:12 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 1,730 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-010588 · doc4.xml · derivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,568

Underlying: Common Stock · 1,730 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3 · derivative.exercise_date: The remaining RSUs will vest on 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.

F3 · derivative.expiration_date: The remaining RSUs will vest on 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.

Read SEC document
February 15, 2022 Filed Feb 17, 2022 13:12 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 978 $74.17 $72,538.26
Disclosure

SEC source: 0001209191-22-010588 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 262,477

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
February 15, 2022 Filed Feb 17, 2022 13:12 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 1,730 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-010588 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 263,455

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
December 31, 2021 Filed Jan 4, 2022 15:54 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 133,647 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-000623 · doc4.xml · derivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 133,647 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one Marvell Technology, Inc. ("Marvell") common share upon vesting.

F3 · derivative.exercise_date: This award fully vested on 12/31/2021. Reflects the number of shares earned in respect of performance based restricted stock. This award was assumed by Marvell on 04/20/2021 as part of the acquisition of Inphi Corporation. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were attained effective 12/31/2021.

F3 · derivative.expiration_date: This award fully vested on 12/31/2021. Reflects the number of shares earned in respect of performance based restricted stock. This award was assumed by Marvell on 04/20/2021 as part of the acquisition of Inphi Corporation. The achievement levels of the performance metrics applicable to the award and the number of shares earned based on such results were attained effective 12/31/2021.

Read SEC document
December 31, 2021 Filed Jan 4, 2022 15:54 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 66,262 $87.49 $5,797,262.38
Disclosure

SEC source: 0001209191-22-000623 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 261,725

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
December 31, 2021 Filed Jan 4, 2022 15:54 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 133,647 $0.00 $0.00
Disclosure

SEC source: 0001209191-22-000623 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 327,987

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
December 24, 2021 Filed Dec 28, 2021 16:58 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 691 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-071391 · doc4.xml · derivative · entry 6

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 691 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F4 · derivative.exercise_date: This award fully vested on 12/24/2021.

F4 · derivative.expiration_date: This award fully vested on 12/24/2021.

Read SEC document
December 24, 2021 Filed Dec 28, 2021 16:58 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 292 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-071391 · doc4.xml · derivative · entry 5

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 292 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F4 · derivative.exercise_date: This award fully vested on 12/24/2021.

F4 · derivative.expiration_date: This award fully vested on 12/24/2021.

Read SEC document
December 24, 2021 Filed Dec 28, 2021 16:58 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 343 $87.68 $30,074.24
Disclosure

SEC source: 0001209191-21-071391 · doc4.xml · nonDerivative · entry 4

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 194,340

F2 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
December 24, 2021 Filed Dec 28, 2021 16:58 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 691 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-071391 · doc4.xml · nonDerivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 194,683

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
December 24, 2021 Filed Dec 28, 2021 16:58 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 145 $87.68 $12,713.60
Disclosure

SEC source: 0001209191-21-071391 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193,992

F2 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
December 24, 2021 Filed Dec 28, 2021 16:58 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 292 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-071391 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 194,137

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: Includes 492 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on December 7, 2021.

Read SEC document
December 01, 2021 Filed Dec 3, 2021 17:08 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 3,001 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-067884 · doc4.xml · derivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,003

Underlying: Common Stock · 3,001 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F4 · derivative.exercise_date: The remaining RSUs will vest on 03/01/22, 06/01/22, 09/01/22, 12/01/22, 03/01/23, 06/01/23, 09/01/23, 12/01/23, 03/01/24.

F4 · derivative.expiration_date: The remaining RSUs will vest on 03/01/22, 06/01/22, 09/01/22, 12/01/22, 03/01/23, 06/01/23, 09/01/23, 12/01/23, 03/01/24.

Read SEC document
December 01, 2021 Filed Dec 3, 2021 17:08 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 1,488 $70.95 $105,573.60
Disclosure

SEC source: 0001209191-21-067884 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193,353

F2 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
December 01, 2021 Filed Dec 3, 2021 17:08 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 3,001 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-067884 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 194,841

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · balance_after: This number was adjusted due to a system error pursuant to which 5997 shares were not reported when they originally vested and 2995 shares were sold to pay taxes due upon such vesting.

Read SEC document
November 15, 2021 Filed Nov 17, 2021 13:33 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 1,730 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-065016 · doc4.xml · derivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 17,298

Underlying: Common Stock · 1,730 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3 · derivative.exercise_date: The remaining RSUs will vest on 02/15/2022, 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.

F3 · derivative.expiration_date: The remaining RSUs will vest on 02/15/2022, 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.

Read SEC document
November 15, 2021 Filed Nov 17, 2021 13:33 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 858 $72.92 $62,565.36
Disclosure

SEC source: 0001209191-21-065016 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,838

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
November 15, 2021 Filed Nov 17, 2021 13:33 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 1,730 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-065016 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 189,696

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
September 24, 2021 Filed Sep 28, 2021 16:16 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 691 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-057913 · doc4.xml · derivative · entry 6

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 691

Underlying: Common Stock · 691 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3 · derivative.exercise_date: The remaining restricted stock units vest on 12/24/2021.

F3 · derivative.expiration_date: The remaining restricted stock units vest on 12/24/2021.

Read SEC document
September 24, 2021 Filed Sep 28, 2021 16:16 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 296 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-057913 · doc4.xml · derivative · entry 5

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 292

Underlying: Common Stock · 296 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3 · derivative.exercise_date: The remaining restricted stock units vest on 12/24/2021.

F3 · derivative.expiration_date: The remaining restricted stock units vest on 12/24/2021.

Read SEC document
September 24, 2021 Filed Sep 28, 2021 16:16 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 343 $63.61 $21,818.23
Disclosure

SEC source: 0001209191-21-057913 · doc4.xml · nonDerivative · entry 4

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 187,966

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
September 24, 2021 Filed Sep 28, 2021 16:16 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 691 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-057913 · doc4.xml · nonDerivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,309

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
September 24, 2021 Filed Sep 28, 2021 16:16 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 147 $63.61 $9,350.67
Disclosure

SEC source: 0001209191-21-057913 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 187,618

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
September 24, 2021 Filed Sep 28, 2021 16:16 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 296 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-057913 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 187,765

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
August 15, 2021 Filed Aug 17, 2021 18:34 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 1,729 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-033300 · doc4.xml · derivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 19,028

Underlying: Common Stock · 1,729 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each RSU represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3 · derivative.exercise_date: The remaining RSUs vest on 11/15/2021, 02/15/2022, 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.

F3 · derivative.expiration_date: The remaining RSUs vest on 11/15/2021, 02/15/2022, 05/15/2022, 08/15/2022, 11/15/2022, 02/15/2023, 05/15/2023, 08/15/2023, 11/15/2023, 02/15/2024, and 05/15/2024.

Read SEC document
August 15, 2021 Filed Aug 17, 2021 18:34 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 858 $60.39 $51,814.62
Disclosure

SEC source: 0000899243-21-033300 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 187,469

F1 · shares: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
August 15, 2021 Filed Aug 17, 2021 18:34 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 1,729 $0.00 $0.00
Disclosure

SEC source: 0000899243-21-033300 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 188,327

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
June 25, 2021 Filed Jun 29, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversion06/25/2021 · Derivative 694 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-043841 · doc4.xml · derivative · entry 6

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,382

Underlying: Common Stock · 694 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F4 · derivative.exercise_date: The remaining restricted stock units vest on each of 09/24/2021 and 12/24/2021.

F4 · derivative.expiration_date: The remaining restricted stock units vest on each of 09/24/2021 and 12/24/2021.

Read SEC document
June 25, 2021 Filed Jun 29, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversion06/25/2021 · Derivative 295 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-043841 · doc4.xml · derivative · entry 5

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 588

Underlying: Common Stock · 295 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F4 · derivative.exercise_date: The remaining restricted stock units vest on each of 09/24/2021 and 12/24/2021.

F4 · derivative.expiration_date: The remaining restricted stock units vest on each of 09/24/2021 and 12/24/2021.

Read SEC document
June 25, 2021 Filed Jun 29, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 345 $56.30 $19,423.50
Disclosure

SEC source: 0001209191-21-043841 · doc4.xml · nonDerivative · entry 4

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 186,598

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

F2 · balance_after: This number has been adjusted. The total shares held has been reduced to reflect the withholding of shares at the closing of the acquisition of Inphi Corporation on April 20, 2021, which withholding was not reported at that time.

Read SEC document
June 25, 2021 Filed Jun 29, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 694 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-043841 · doc4.xml · nonDerivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 194,457

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
June 25, 2021 Filed Jun 29, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Stock 147 $56.30 $8,276.10
Disclosure

SEC source: 0001209191-21-043841 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193,763

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
June 25, 2021 Filed Jun 29, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Stock 295 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-043841 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193,910

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
May 15, 2021 Filed May 18, 2021 19:40 UTC Marvell Technology, Inc. MRVL · Entity 521 GrantRestricted Stock Units · Derivative 20,757 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-033772 · doc4.xml · derivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 20,757

Underlying: Common Stock · 20,757 shares

Expires not disclosed

F1 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F2 · derivative.exercise_date: The restricted stock units will vest in equal quarterly installments over three years.

F2 · derivative.expiration_date: The restricted stock units will vest in equal quarterly installments over three years.

Read SEC document
April 24, 2021 Filed Apr 27, 2021 21:00 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionRestricted Stock Units · Derivative 6,193 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-028750 · doc4.xml · derivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,449

Underlying: Common Shares · 6,193 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one Marvell Technology, Inc. common share upon vesting.

F3 · derivative.exercise_date: The remaining restricted stock units vest on each of 4/24/2022 and 4/23/2023.

F3 · derivative.expiration_date: The remaining restricted stock units vest on each of 4/24/2022 and 4/23/2023.

Read SEC document
April 24, 2021 Filed Apr 27, 2021 21:00 UTC Marvell Technology, Inc. MRVL · Entity 521 Tax withholdingCommon Shares 3,071 $46.10 $141,573.10
Disclosure

SEC source: 0001209191-21-028750 · doc4.xml · nonDerivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 193,615

F1 · kind: Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").

Read SEC document
April 24, 2021 Filed Apr 27, 2021 21:00 UTC Marvell Technology, Inc. MRVL · Entity 521 Exercise / conversionCommon Shares 6,193 $0.00 $0.00
Disclosure

SEC source: 0001209191-21-028750 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · EVP, Auto Coherent DSP&Switch

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 196,686

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

Read SEC document
April 20, 2021 Filed Apr 21, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 GrantRestricted Stock Units · Derivative 2,076 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-21-016669 · doc4.xml · derivative · entry 6

YOUSEFI NARIMAN · CIK 0001464251 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,076

Underlying: Common Shares · 2,076 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · kind: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F9 · derivative.exercise_date: The restricted stock units vest on each 6/25/2021, 9/24/2021 and 12/24/2021.

F9 · derivative.expiration_date: The restricted stock units vest on each 6/25/2021, 9/24/2021 and 12/24/2021.

Read SEC document
April 20, 2021 Filed Apr 21, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 GrantRestricted Stock Units · Derivative 36,001 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-21-016669 · doc4.xml · derivative · entry 5

YOUSEFI NARIMAN · CIK 0001464251 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,001

Underlying: Common Shares · 36,001 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · kind: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F8 · derivative.exercise_date: The restricted stock units vest on each of 6/1/2021, 9/1/2021, 12/1/2021, 3/1/2022, 6/1/2022, 9/1/2022, 12/1/2022, 3/1/2023, 6/1/2023, 9/1/2023, 12/1/2023, and 3/1/2024.

F8 · derivative.expiration_date: The restricted stock units vest on each of 6/1/2021, 9/1/2021, 12/1/2021, 3/1/2022, 6/1/2022, 9/1/2022, 12/1/2022, 3/1/2023, 6/1/2023, 9/1/2023, 12/1/2023, and 3/1/2024.

Read SEC document
April 20, 2021 Filed Apr 21, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 GrantRestricted Stock Units · Derivative 883 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-21-016669 · doc4.xml · derivative · entry 4

YOUSEFI NARIMAN · CIK 0001464251 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 883

Underlying: Common Shares · 883 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · kind: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F7 · derivative.exercise_date: The restricted stock units vest on each of 6/25/2021, 9/24/2021 and 12/24/2021.

F7 · derivative.expiration_date: The restricted stock units vest on each of 6/25/2021, 9/24/2021 and 12/24/2021.

Read SEC document
April 20, 2021 Filed Apr 21, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 GrantRestricted Stock Units · Derivative 37,202 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-21-016669 · doc4.xml · derivative · entry 3

YOUSEFI NARIMAN · CIK 0001464251 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 37,202

Underlying: Common Shares · 37,202 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · kind: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F6 · derivative.exercise_date: The restricted stock units vest on each of 3/1/2022, 3/1/2023, and 3/1/2024.

F6 · derivative.expiration_date: The restricted stock units vest on each of 3/1/2022, 3/1/2023, and 3/1/2024.

Read SEC document
April 20, 2021 Filed Apr 21, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 GrantRestricted Stock Units · Derivative 42,642 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-21-016669 · doc4.xml · derivative · entry 2

YOUSEFI NARIMAN · CIK 0001464251 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 42,642

Underlying: Common Shares · 42,642 shares

Expires not disclosed

F4 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · kind: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F4 · price: Each restricted stock unit represents a contingent right to receive one share of MTI Stock upon vesting. Pursuant to the Merger Agreement, each of Mr. Yousefi's Inphi RSUs that was outstanding and unvested immediately prior to the Delaware Merger Effective Time was converted into that number of MTI restricted stock units ("MTI RSUs") (rounded down to the nearest whole share) equal to the product of (i) the number of shares of Inphi Stock subject to such Inphi RSU, multiplied by (ii) 3.6955. Such MTI RSUs are subject to substantially the same terms and conditions as were applicable to such unvested Inphi RSUs prior to the Delaware Merger Effective Time.

F5 · derivative.exercise_date: The restricted stock units vest on each of 4/24/2021, 4/24/2022 and 4/24/2023.

F5 · derivative.expiration_date: The restricted stock units vest on each of 4/24/2021, 4/24/2022 and 4/24/2023.

Read SEC document
April 20, 2021 Filed Apr 21, 2021 20:30 UTC Marvell Technology, Inc. MRVL · Entity 521 GrantCommon Shares 190,493 Not disclosed Not disclosed
Disclosure

SEC source: 0000899243-21-016669 · doc4.xml · nonDerivative · entry 1

YOUSEFI NARIMAN · CIK 0001464251 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 190,493

F1 · price: On April 20, 2021, pursuant to the Agreement and Plan of Merger and Reorganization, dated as of October 29, 2020 (the "Merger Agreement"), by and among Marvell Technology Group Ltd. ("Marvell"), Marvell Technology, Inc. (f/k/a Maui HoldCo, Inc.), a wholly owned subsidiary of Marvell ("MTI"), Maui Acquisition Company Ltd, a wholly owned subsidiary of MTI ("Bermuda Merger Sub"), Indigo Acquisition Corp., a wholly owned subsidiary of MTI ("Delaware Merger Sub"), and Inphi Corporation ("Inphi"), Bermuda Merger Sub merged with and into Marvell with Marvell as the surviving corporation and a wholly owned subsidiary of MTI (the "Bermuda Merger"), and Delaware Merger Sub merged with and into Inphi with Inphi as the surviving corporation and a wholly owned subsidiary of MTI (the "Delaware Merger" and, together with the Bermuda Merger, the "Mergers").

F2 · price: (Continued From Footnote 1) At the effective time of the Delaware Merger, each share of common stock of Inphi, par value $0.001 per share ("Inphi Stock"), was automatically converted into the right to receive 2.323 shares of MTI Stock, par value $0.002 per share ("MTI Stock") and $66.00 in cash, without interest, plus cash in lieu of any fractional shares of MTI Stock (the "Exchange Ratio").

F3 · price: Pursuant to the Merger Agreement, at the effective time of the Delaware Merger, the Inphi Market Value Stock Units ("Inphi MSU") became vested based on actual performance in accordance with the terms of the award agreement and were cancelled and extinguished. The holder of each vested Inphi MSU became entitled to receive MTI Stock determined by multiplying the number of Inphi MSUs by the Exchange Ratio, subject to applicable withholdings.

Read SEC document

Value uses the disclosed total when available, otherwise shares × reported transaction price. It is not an estimate of exercise cash cost or investment performance.