SEC Form 4 · accession 0001209191-18-003427
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
Jan 11, 2018
Accepted (ET)
Jan 12, 2018 · 4:25 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 | Jan 11, 2018 | M | 32,625 | $0.00 | A | 149,286 | D | |
| Common Shares | Jan 11, 2018 | F | 17,145 | $23.15 | D | 132,141 | 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)F3,F4 | — | Jan 11, 2018 | M | 32,625 | D | — | — | Common Shares | 32,625 | 195,750 | D |
Explanation of responses
- F1Includes 1,651 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on December 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 restricted stock units ("RSUs").
- F3Each RSU represents a contingent right to receive one Marvell common share.
- F4The RSUs vest in eight equal quarterly installments on each of 10/11/2017, 1/11/2018, 4/11/2018, 7/11/2018, 10/11/2018, 1/11/2019, 4/11/2019 and 7/11/2019.