SEC Form 4 · accession 0000899243-16-028776
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maya Strelar-Migotti
Officer — EVP, SNDS
Period of report
Sep 7, 2016
Accepted (ET)
Sep 9, 2016 · 6:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058057
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | holding | — | — | — | 7,777 | D |
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 | — | Sep 7, 2016 | A | 20,000 | A | — | — | Common Shares | 20,000 | 20,000 | D |
| Employee Stock Option (Right to Buy)F3 | $12.63 | Sep 7, 2016 | A | 50,000 | A | — | Sep 7, 2026 | Common Shares | 50,000 | 50,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU"), granted at zero cost, represents a contingent right to receive one Marvell common share.
- F2The RSUs vest in two equal annual installments beginning on April 1, 2017.
- F3This stock option grant vests in three equal annual installments beginning on the first anniversary of April 1, 2016, the vesting commencement date.