Filing Details
- Accession Number:
- 0001209191-21-004563
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-01-20 19:55:51
- Reporting Period:
- 2021-01-15
- Accepted Time:
- 2021-01-20 19:55:51
- 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 |
|---|---|---|---|---|---|---|---|
| 1381430 | J Matthew Murphy | 5488 Marvell Lane Santa Clara CA 95054 | Ceo And President | Yes | 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 | Disposition | 2021-01-15 | 5,900 | $50.87 | 271,950 | No | 4 | S | Indirect | By Trust |
| Common Shares | Disposition | 2021-01-15 | 1,600 | $51.46 | 270,350 | No | 4 | S | Indirect | By Trust |
| Common Shares | Acquisiton | 2021-01-15 | 8,557 | $0.00 | 278,907 | No | 4 | M | Indirect | By Trust |
| Common Shares | Disposition | 2021-01-15 | 4,114 | $50.77 | 274,793 | No | 4 | F | Indirect | By Trust |
| Common Shares | Acquisiton | 2021-01-15 | 11,598 | $0.00 | 286,391 | No | 4 | M | Indirect | By Trust |
| Common Shares | Disposition | 2021-01-15 | 5,355 | $50.77 | 281,036 | No | 4 | F | Indirect | By Trust |
| Common Shares | Acquisiton | 2021-01-15 | 14,910 | $0.00 | 295,946 | No | 4 | M | Indirect | By Trust |
| Common Shares | Disposition | 2021-01-15 | 6,118 | $50.77 | 289,828 | No | 4 | F | Indirect | By Trust |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Indirect | By Trust |
| No | 4 | S | Indirect | By Trust |
| No | 4 | M | Indirect | By Trust |
| No | 4 | F | Indirect | By Trust |
| No | 4 | M | Indirect | By Trust |
| No | 4 | F | Indirect | By Trust |
| No | 4 | M | Indirect | By Trust |
| No | 4 | F | Indirect | By Trust |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares | Restricted Stock Units | Disposition | 2021-01-15 | 8,557 | $0.00 | 8,557 | $0.00 |
| Common Shares | Restricted Stock Units | Disposition | 2021-01-15 | 11,598 | $0.00 | 11,598 | $0.00 |
| Common Shares | Restricted Stock Units | Disposition | 2021-01-15 | 14,910 | $0.00 | 14,910 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 8,557 | No | 4 | M | Direct | ||
| 57,993 | No | 4 | M | Direct | ||
| 134,196 | No | 4 | M | Direct |
Footnotes
- The sales of these 5,900 shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.30 to $51.28, 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.
- Shares held by Matthew and Laura Murphy as co-trustees of the Matthew and Laura Murphy Family Trust UTD 7/10/2007.
- The sales of these 1,600 shares were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.34 to $51.62, 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.
- Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
- Each restricted stock unit represents a contingent right to receive one Marvell Technology Group Ltd. ("Marvell") common share upon vesting.
- The remaining RSUs vest fully on 4/15/2021.
- The remaining RSUs vest on each of 4/15/2021, 7/15/2021, 10/15/2021, 1/15/2022 and 4/15/2022.
- The remaining RSU's vest on each of 4/15/2021, 7/15/2021, 10/15/2021, 1/15/2022, 4/15/2022, 7/15/2022, 10/15/2022, 1/15/2023 and 4/15/2023.
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