Filing Details
- Accession Number:
- 0000899243-20-010938
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-04-20 06:31:15
- Reporting Period:
- 2020-04-15
- Accepted Time:
- 2020-04-20 06:31:15
- 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 |
---|---|---|---|---|---|---|---|
1635800 | A Willem Meintjes | C/O 5488 Marvell Lane Santa Clara CA 95054 | Svp, Chief Accounting 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 | 2020-04-15 | 5,216 | $0.00 | 33,853 | No | 4 | M | Direct | |
Common Shares | Disposition | 2020-04-15 | 2,588 | $25.15 | 31,265 | No | 4 | F | Direct | |
Common Shares | Acquisiton | 2020-04-15 | 1,465 | $0.00 | 32,730 | No | 4 | M | Direct | |
Common Shares | Disposition | 2020-04-15 | 727 | $25.15 | 32,003 | No | 4 | F | Direct | |
Common Shares | Acquisiton | 2020-04-15 | 1,134 | $0.00 | 33,137 | No | 4 | M | Direct | |
Common Shares | Disposition | 2020-04-15 | 563 | $25.15 | 32,574 | No | 4 | F | Direct | |
Common Shares | Acquisiton | 2020-04-15 | 18,065 | $0.00 | 50,639 | No | 4 | M | Direct | |
Common Shares | Disposition | 2020-04-15 | 8,957 | $25.15 | 41,682 | No | 4 | F | Direct | |
Common Shares | Acquisiton | 2020-04-15 | 15,077 | $0.00 | 56,759 | No | 4 | M | Direct | |
Common Shares | Disposition | 2020-04-15 | 7,476 | $25.15 | 49,283 | No | 4 | F | Direct | |
Common Shares | Disposition | 2020-04-16 | 20,646 | $25.13 | 28,637 | 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 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | M | Direct | |
No | 4 | F | 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 | 2020-04-15 | 5,216 | $0.00 | 5,216 | $0.00 |
Common Shares | Restricted Stock Units | Disposition | 2020-04-15 | 1,465 | $0.00 | 1,465 | $0.00 |
Common Shares | Restricted Stock Units | Disposition | 2020-04-15 | 1,134 | $0.00 | 1,134 | $0.00 |
Common Shares | Performance Based Restricted Stock Units | Disposition | 2020-04-15 | 18,065 | $0.00 | 18,065 | $0.00 |
Common Shares | Performance Based Restricted Stock Units | Disposition | 2020-04-15 | 15,077 | $0.00 | 15,077 | $0.00 |
Common Shares | Restricted Stock Units | Acquisiton | 2020-04-15 | 13,917 | $0.00 | 13,917 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | No | 4 | M | Direct | ||
5,859 | No | 4 | M | Direct | ||
9,068 | No | 4 | M | Direct | ||
0 | No | 4 | M | Direct | ||
0 | No | 4 | M | Direct | ||
13,917 | No | 4 | A | Direct |
Footnotes
- Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.130 to $25.135, 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, 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.
- Each RSU represents a contingent right to receive one Marvell common share upon vesting.
- This grant is fully vested.
- The remaining RSUs vest quarterly on each of 07/15/2020, 10/15/2020, 01/15/2021, and 04/15/2021.
- The remaining RSUs vest quarterly on each of 07/15/2020, 10/15/2020, 01/15/2021, 04/15/2021, 07/15/2021, 10/15/2021, 01/15/2022 and 04/15/2022.
- This grant is fully vested.
- This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units originally granted on April 15, 2017. The achievement levels of the relative TSR performance metrics applicable to the award and the number of shares earned based on such results were certified on April 15, 2020.
- The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.