SEC Form 4 · accession 0001209191-19-003567
MARVELL TECHNOLOGY GROUP LTD · MRVL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Syed Ali
Director
Period of report
Jan 10, 2019
Accepted (ET)
Jan 14, 2019 · 4:43 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 | Jan 10, 2019 | M | 504,242 | $8.86 | A | 4,950,515 | D | |
| Common SharesF1 | Jan 10, 2019 | S | 221,000 | $17.02 | D | 4,729,515 | D | |
| Common SharesF2 | Jan 11, 2019 | S | 221,000 | $17.25 | D | 4,508,515 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) | $8.86 | Jan 10, 2019 | M | 504,242 | D | Jul 6, 2018 | Feb 24, 2019 | Common Shares | 504,242 | 0 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.80 to $17.20, inclusive. The reporting person undertakes to provide Marvell Technology Group Ltd. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.97 to $17.47, inclusive. The reporting person undertakes to provide Marvell Technology Group Ltd. ("Marvell"), any security holder of Marvell, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.