SEC Form 4 · accession 0001209191-17-045507
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew J Murphy
Officer — CEO and President · Director
Period of report
Jul 15, 2015
Accepted (ET)
Jul 18, 2017 · 4:15 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 | Jul 15, 2017 | M | 46,234 | $0.00 | A | 125,956 | D | |
| Common Shares | Jul 15, 2017 | F | 25,545 | $16.58 | D | 100,411 | 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 Option (Right to Buy)F2,F3 | — | Jul 15, 2017 | M | 46,234 | D | — | Jul 15, 2026 | Common Shares | 46,234 | 93,871 | D |
Explanation of responses
- F1Surrender of shares in payment of tax withholding due as a result of the vesting of RSUs.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one Marvell common share.
- F3The RSUs vest as to 33% of the shares on each of July 15, 2017 and July 15, 2018 and as to the remainder of the shares on July 15, 2019.