SEC Form 4 · accession 0000899243-16-027167
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J Murphy
Officer — President and CEO · Director
Period of report
Aug 11, 2016
Accepted (ET)
Aug 15, 2016 · 6:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058057
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (right to acquire)F1,F2 | — | Aug 11, 2016 | A | 140,105 | A | — | — | Common Stock | 140,105 | 140,105 | D |
| Restricted Stock Units (right to acquire)F1,F3 | — | Aug 11, 2016 | A | 435,000 | A | — | — | Common Stock | 435,000 | 435,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of MRVL common stock.
- F2The restricted stock units vest as to 33% of the shares on each of 7/15/17 and 7/15/18 and as to the remainder of the shares on 7/15/19.
- F3The restricted stock units vest as to 174,000 shares on 7/11/17, with the balance of the shares vesting in eight equal quarterly installments thereafter of 32,625 shares per quarter.