SEC Form 4 · accession 0001209191-18-063230
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, 2018
Accepted (ET)
Dec 18, 2018 · 4:52 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 | Dec 15, 2018 | M | 5,466 | $0.00 | A | 28,079 | D | |
| Common Shares | Dec 15, 2018 | F | 1,891 | $15.38 | D | 26,188 | D | |
| Common Shares | Dec 15, 2018 | M | 13,664 | $0.00 | A | 39,852 | D | |
| Common Shares | Dec 15, 2018 | F | 4,726 | $15.38 | D | 35,126 | 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 UnitsF2,F3 | — | Dec 15, 2018 | M | 5,466 | D | — | — | Common Shares | 5,466 | 5,632 | D |
| Restricted Stock UnitsF2,F3 | — | Dec 15, 2018 | M | 13,664 | D | — | — | Common Shares | 13,664 | 14,079 | D |
Explanation of responses
- F1Includes 1,174 shares and 311 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 7, 2018 and December 7, 2018 respectively, in an exempt transaction under Rule 16b-3(c) of the Securities Exchange Act of 1934.
- F2Each restricted stock unit represents a contingent right to receive one Marvell Technology Group Ltd. ("Marvell") common share upon vesting.
- F3The RSUs vested as to 33% on December 15, 2018 and will vest 34% on December 15, 2019.