SEC Form 4 · accession 0001209191-18-038587
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mitchell Gaynor
Officer — EVP, Chief Legal Officer
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 4:45 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 | Jun 15, 2018 | M | 9,247 | $0.00 | A | 33,597 | D | |
| Common Shares | Jun 15, 2018 | F | 3,198 | $21.91 | D | 30,399 | D | |
| Common Shares | Jun 15, 2018 | M | 8,669 | $0.00 | A | 39,068 | D | |
| Common Shares | Jun 15, 2018 | F | 3,492 | $21.91 | D | 35,576 | 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 | — | Jun 15, 2018 | M | 9,247 | D | — | — | Common Shares | 9,247 | 9,528 | D |
| Restricted Stock Units (Right to Buy)F3,F4 | — | Jun 15, 2018 | M | 8,669 | D | — | — | Common Shares | 8,669 | 8,932 | D |
Explanation of responses
- F1Includes 2,038 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2018, 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 June 15, 2017, 33% on June 15, 2018 and 34% on June 15, 2019.