SEC Form 4 · accession 0001209191-17-049173
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan Christman
Officer — EVP, Storage Business Group
Period of report
Aug 15, 2017
Accepted (ET)
Aug 16, 2017 · 4:10 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 SharesF1 | Aug 15, 2017 | M | 6,041 | $0.00 | A | 10,115 | D | |
| Common Shares | Aug 15, 2017 | F | 2,271 | $15.82 | D | 7,844 | 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 Buy)F3,F4 | — | Aug 15, 2017 | M | 6,041 | D | — | — | Common Shares | 6,041 | 12,267 | D |
Explanation of responses
- F1Includes 2,415 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2017, in an exempt transaction under Rule 16b-3(c) of the Securities Exchange Act of 1934.
- F2Surrender of shares in payment of tax withholding due as a result of the vesting of RSUs.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one Marvell common share.
- F4The RSUs vest as to 33% on August 15, 2017, 33% on August 15, 2018 and 34% on August 15, 2019.