0000899243-20-010929.txt : 20200417
0000899243-20-010929.hdr.sgml : 20200417
20200417212606
ACCESSION NUMBER: 0000899243-20-010929
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20200414
FILED AS OF DATE: 20200417
DATE AS OF CHANGE: 20200417
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hu Jean X.
CENTRAL INDEX KEY: 0001452385
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30877
FILM NUMBER: 20801113
MAIL ADDRESS:
STREET 1: 5488 MARVELL LANE
CITY: SANTA CLARA
STATE: CA
ZIP: 95054
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: MARVELL TECHNOLOGY GROUP LTD
CENTRAL INDEX KEY: 0001058057
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 770481679
STATE OF INCORPORATION: D0
FISCAL YEAR END: 0201
BUSINESS ADDRESS:
STREET 1: CANON'S COURT
STREET 2: 22 VICTORIA STREET
CITY: HAMILTON HM 12
STATE: D0
ZIP: NA
BUSINESS PHONE: 4412966395
MAIL ADDRESS:
STREET 1: CANON'S COURT
CITY: HAMILTON HM 12
STATE: D0
ZIP: NA
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2020-04-14
0
0001058057
MARVELL TECHNOLOGY GROUP LTD
MRVL
0001452385
Hu Jean X.
5488 MARVELL LANE
SANTA CLARA
CA
95054
0
1
0
0
Chief Financial Officer
Common Shares
2020-04-14
4
S
0
15000
25.31
D
74856
D
Common Shares
2020-04-15
4
M
0
3105
0.00
A
77961
D
Common Shares
2020-04-15
4
F
0
1540
25.15
D
76421
D
Common Shares
2020-04-15
4
M
0
3866
0.00
A
80287
D
Common Shares
2020-04-15
4
F
0
1917
25.15
D
78370
D
Common Shares
2020-04-15
4
M
0
15287
0.00
A
93657
D
Common Shares
2020-04-15
4
F
0
7580
25.15
D
86077
D
Common Shares
2020-04-15
4
M
0
52941
0.00
A
139018
D
Common Shares
2020-04-15
4
F
0
26249
25.15
D
112769
D
Common Shares
2020-04-15
4
M
0
44184
0.00
A
156953
D
Common Shares
2020-04-15
4
F
0
21907
25.15
D
135046
D
Restricted Stock Units
2020-04-15
4
M
0
3105
0.00
D
Common Shares
3105
12419
D
Restricted Stock Units
2020-04-15
4
M
0
3866
0.00
D
Common Shares
3866
30930
D
Restricted Stock Units
2020-04-15
4
M
0
15287
0.00
D
Common Shares
15287
0
D
Restricted Stock Units
2020-04-15
4
M
0
52941
0.00
D
Common Shares
52941
0
D
Restricted Stock Units
2020-04-15
4
M
0
44184
0.00
D
Common Shares
44184
0
D
Restricted Stock Units
2020-04-15
4
A
0
47714
0.00
A
Common Shares
47714
47714
D
The sales reported in this Form 4 consisted of common shares the reporting person previously acquired in the open market.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.31 to $25.32, 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.
Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
Each RSU represents a contingent right to receive one Marvell common share upon vesting.
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.
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.
/s/ Jean Hu by Blair Walters as Attorney-in-Fact
2020-04-17