Filing Details

Accession Number:
0001209191-21-004244
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-20 15:55:36
Reporting Period:
2021-01-15
Accepted Time:
2021-01-20 15:55:36
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
1341767 Andrew Micallef 5488 Marvell Lane
Santa Clara CA 95054
Coo 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 Disposition 2021-01-15 10,000 $51.49 88,194 No 4 S Direct
Common Shares Acquisiton 2021-01-15 1,514 $0.00 89,708 No 4 M Direct
Common Shares Disposition 2021-01-15 843 $50.77 88,865 No 4 F Direct
Common Shares Acquisiton 2021-01-15 2,108 $0.00 90,973 No 4 M Direct
Common Shares Disposition 2021-01-15 1,046 $50.77 89,927 No 4 F Direct
Common Shares Acquisiton 2021-01-15 2,485 $0.00 92,412 No 4 M Direct
Common Shares Disposition 2021-01-15 1,278 $50.77 91,134 No 4 F Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S 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
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 1,514 $0.00 1,514 $0.00
Common Shares Restricted Stock Units Disposition 2021-01-15 2,108 $0.00 2,108 $0.00
Common Shares Restricted Stock Units Disposition 2021-01-15 2,485 $0.00 2,485 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,515 No 4 M Direct
10,545 No 4 M Direct
22,367 No 4 M Direct
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  2. The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.24 to $51.70, 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.
  3. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
  4. Each restricted stock unit represents a contingent right to receive one Marvell Technology Group Ltd. ("Marvell") common share upon vesting.
  5. The remaining RSUs fully vest on 4/15/2021.
  6. The remaining RSUs vest on each of 4/15/2021, 7/15/2021, 10/15/2021, 1/15/2022 and 4/15/2022.
  7. 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.