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