0001209191-21-026388.txt : 20210412
0001209191-21-026388.hdr.sgml : 20210412
20210412193049
ACCESSION NUMBER: 0001209191-21-026388
CONFORMED SUBMISSION TYPE: 3
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210402
FILED AS OF DATE: 20210412
DATE AS OF CHANGE: 20210412
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Koopmans Chris
CENTRAL INDEX KEY: 0001676204
FILING VALUES:
FORM TYPE: 3
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-30877
FILM NUMBER: 21821724
MAIL ADDRESS:
STREET 1: 5488 MARVELL LANE
CITY: SANTA CLARA
STATE: CA
ZIP: 94061
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: 0130
BUSINESS ADDRESS:
STREET 1: VICTORIA PLACE, 5TH FLOOR
STREET 2: 31 VICTORIA STREET
CITY: HAMILTON HM 10
STATE: D0
ZIP: NA
BUSINESS PHONE: 4412948096
MAIL ADDRESS:
STREET 1: VICTORIA PLACE, 5TH FLOOR
STREET 2: 31 VICTORIA STREET
CITY: HAMILTON HM 10
STATE: D0
ZIP: NA
3
1
doc3.xml
FORM 3 SUBMISSION
X0206
3
2021-04-02
0
0001058057
MARVELL TECHNOLOGY GROUP LTD
MRVL
0001676204
Koopmans Chris
5488 MARVELL LANE
SANTA CLARA
CA
95054
0
1
0
0
EVP, Chief Operations Officer
Common Stock
48286
D
Value Creation Award
0.00
2019-04-15
2021-11-25
Common Stock
106571
D
Restricted Stock Units
0.00
2018-04-15
2021-04-15
Common Stock
16720
D
Restricted Stock Units
0.00
2019-04-15
2022-04-15
Common Stock
27415
D
Restricted Stock Units
0.00
2020-04-15
2023-04-15
Common Stock
27834
D
Value Creation Award that has been designed to provide a strong incentive to create a substantial increase in shareholder value. Vesting of these performance-based restricted stock units is dependent upon a significant increase in the Company's stock price. The performance condition will be satisfied once the Company's average stock price equals or exceeds $40.00 per share for 100 calendar days prior to the fourth anniversary of the date of grant ("Performance Condition"). The shares vest one year after the date the Performance Condition is satisfied. In the event of a change in control, the Performance Condition may be deemed partially satisfied depending on the value received in the transaction.
Represents the total number of shares as of the original grant date.
These performance based restricted stock units represent a contingent right to receive one Marvell Technology Group Ltd. ("Marvell") common share upon vesting.
The remaining RSUs vest fully on 04/15/2021.
Each restricted stock unit represents a contingent right to receive one Marvell common share upon vesting.
The remaining RSUs vest on each of 07/15/2021, 10/15/2021, 01/15/2022 and 04/15/2022.
The remaining RSUs vest on each of 07/15/2021, 10/15/2021, 01/15/2022, 04/15/2022, 07/15/2022, 10/15/2022, 01/15/2023 and 04/15/2023.
Christopher Koopmans by Blair Walters as Attorney-in-Fact
2021-04-12