SEC Form 4 · accession 0001209191-18-038594
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Chris Koopmans
Officer — EVP, Networking & Connec.
Period of report
Jun 15, 2018
Accepted (ET)
Jun 19, 2018 · 4:47 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 | 8,091 | $0.00 | A | 29,015 | D | |
| Common Shares | Jun 15, 2018 | F | 2,798 | $21.91 | D | 26,217 | D | |
| Common Shares | Jun 15, 2018 | M | 8,091 | $0.00 | A | 34,308 | D | |
| Common Shares | Jun 15, 2018 | F | 2,798 | $21.91 | D | 31,510 | 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 | — | Jun 15, 2018 | M | 8,091 | D | — | — | Common Shares | 8,091 | 8,337 | D |
| Restricted Stock Option (Right to Buy)F3,F4 | — | Jun 15, 2018 | M | 8,091 | D | — | — | Common Shares | 8,091 | 8,337 | D |
Explanation of responses
- F1Includes 1,342 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 restricted stock units ("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.