SEC Form 4 · accession 0001209191-17-063873
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Inc. Caron David Marvell Semiconductor
Officer — Corporate Controller and CAO
Period of report
Jun 9, 2017
Accepted (ET)
Dec 5, 2017 · 4:06 pm EST
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 | Jun 9, 2017 | S | 1,996 | $17.86 | D | 0 | D | |
| Common Shares | Oct 15, 2017 | M | 6,589 | $0.00 | A | 6,589 | D | |
| Common Shares | Oct 15, 2017 | F | 2,477 | $18.28 | D | 4,112 | D | |
| Common Shares | Oct 15, 2017 | M | 5,935 | $0.00 | A | 10,047 | D | |
| Common Shares | Oct 15, 2017 | F | 2,231 | $18.28 | D | 7,816 | D | |
| Common Shares | Dec 1, 2017 | S | 7,816 | $22.0557 | D | 0 | 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 | — | Oct 15, 2017 | M | 6,589 | D | — | — | Common Shares | 6,589 | 13,379 | D |
| Restricted Stock Option (Right to Buy)F2,F3 | — | Oct 15, 2017 | M | 5,935 | D | — | — | Common Shares | 5,935 | 12,052 | D |
Explanation of responses
- F1The 1,996 shares were 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.
- F2Each restricted stock unit ("RSU") represents a contingent right to receive one Marvell common share.
- F3The RSUs vest as to 33% on October 15, 2017, 33% on October 15, 2018 and 34% on October 15, 2019.