Filing Details

Accession Number:
0000899243-19-023758
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-09-17 20:08:30
Reporting Period:
2019-09-15
Accepted Time:
2019-09-17 20:08:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1058057 Marvell Technology Group Ltd MRVL Semiconductors & Related Devices (3674) 770481679
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1452385 X. Jean Hu 5488 Marvell Lane
Santa Clara CA 95054
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Shares Acquisiton 2019-09-15 51,709 $0.00 125,917 No 4 M Direct
Common Shares Disposition 2019-09-15 25,638 $25.86 100,279 No 4 F Direct
Common Shares Acquisiton 2019-09-15 78,946 $0.00 179,225 No 4 M Direct
Common Shares Disposition 2019-09-15 39,142 $25.86 140,083 No 4 F Direct
Common Shares Acquisiton 2019-09-15 17,895 $0.00 157,988 No 4 M Direct
Common Shares Disposition 2019-09-15 8,873 $25.86 149,105 No 4 F Direct
Common Shares Disposition 2019-09-16 36,077 $25.56 113,028 No 4 S Direct
Common Shares Disposition 2019-09-17 10,000 $25.25 103,028 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Shares Restricted Stock Units Disposition 2019-09-15 51,709 $0.00 51,709 $0.00
Common Shares Restricted Stock Units Disposition 2019-09-15 78,946 $0.00 78,946 $0.00
Common Stock Restricted Stock Units Disposition 2019-09-15 17,895 $0.00 17,895 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 M Direct
0 No 4 M Direct
0 No 4 M Direct
Footnotes
  1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
  2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  3. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.42 to $25.74, 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.
  4. Each RSU represented a contingent right to receive one Marvell common share upon vesting.
  5. Vested as to 39,473 shares at target and as to 12,236 shares above target pursuant to the terms of the TSR RSU grant made on September 12, 2016.
  6. Vested as to 39,473 shares at target and as to 39,473 shares above target pursuant to the terms of the PSU RSU grant made on September 12, 2016.
  7. This grant is fully vested.