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
  1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
  2. 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.
  3. Each RSU represents a contingent right to receive one Marvell common share upon vesting.
  4. This grant is fully vested.
  5. The remaining RSUs vest quarterly on each of 07/15/2020, 10/15/2020, 01/15/2021, and 04/15/2021.
  6. 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.
  7. This grant is fully vested.
  8. 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.
  9. The RSUs will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.