SEC Form 4 · accession 0001209191-17-066322
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas F Lagatta
Officer — EVP of WW Sales & Marketing
Period of report
Dec 15, 2017
Accepted (ET)
Dec 19, 2017 · 4:14 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 Shares | Dec 15, 2017 | M | 5,465 | $0.00 | A | 8,703 | D | |
| Common Shares | Dec 15, 2017 | F | 2,054 | $21.62 | D | 6,649 | D | |
| Common Shares | Dec 15, 2017 | M | 13,664 | $0.00 | A | 20,313 | D | |
| Common Shares | Dec 15, 2017 | F | 5,135 | $21.62 | D | 15,178 | D | |
| Common SharesF1 | holding | — | — | — | 3,238 | 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)F2,F3 | — | Dec 15, 2017 | M | 5,465 | D | — | — | Common Shares | 5,465 | 11,099 | D |
| Restricted Stock Units (Right to Acquire)F2,F3 | — | Dec 15, 2017 | M | 13,664 | D | — | — | Common Shares | 13,664 | 27,743 | D |
Explanation of responses
- F1Includes 1,587 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2017 and 1,651 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on December 7, 2017, in exempt transactions 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 December 15, 2017, 33% on December 15, 2018 and 34% on December 15, 2019.