0001209191-21-027457.txt : 20210419
0001209191-21-027457.hdr.sgml : 20210419
20210419205557
ACCESSION NUMBER: 0001209191-21-027457
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210415
FILED AS OF DATE: 20210419
DATE AS OF CHANGE: 20210419
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: 21836030
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: 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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2021-04-15
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
2021-04-15
4
S
0
16071
48.54
D
73182
D
Common Shares
2021-04-15
4
M
0
3105
0.00
A
76287
D
Common Shares
2021-04-15
4
F
0
1513
48.78
D
74774
D
Common Shares
2021-04-15
4
M
0
3866
0.00
A
78640
D
Common Shares
2021-04-15
4
F
0
1866
48.78
D
76774
D
Common Shares
2021-04-15
4
M
0
3976
0.00
A
80750
D
Common Shares
2021-04-15
4
F
0
1865
48.78
D
78885
D
Common Shares
2021-04-15
4
M
0
34688
0.00
A
113573
D
Common Shares
2021-04-15
4
F
0
16892
48.78
D
96681
D
Restricted Stock Units
2021-04-15
4
M
0
3105
0.00
D
Common Shares
3105
0
D
Restricted Stock Units
2021-04-15
4
M
0
3866
0.00
D
Common Shares
3866
15465
D
Restricted Stock Units
2021-04-15
4
M
0
3976
0.00
D
Common Shares
3976
31810
D
Restricted Stock Units
2021-04-15
4
M
0
34688
0.00
D
Common Shares
34688
0
D
Restricted Stock Units
2021-04-15
4
A
0
29521
0.00
A
Common Shares
29521
29521
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $48.24 to $48.66, 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.
Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
Each restricted stock unit represents a contingent right to receive one Marvell Technology Group Ltd. ("Marvell") common share upon vesting.
This award fully vested on April 15, 2021.
The remaining RSUs vest quarterly on each of 07/15/2021, 10/15/2021, 01/15/2022 and 04/15/2022.
The remaining RSUs vest quarterly 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.
This grant is fully vested. Reflects the number of shares earned in respect of performance based restricted stock units granted on 04/15/2018. 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 04/15/2021.
The Restricted Stock Units (RSUs) will vest in equal quarterly installments over three years, and were granted as part of the annual grant process.
Jean Hu by Blair Walters as Attorney-in-Fact
2021-04-19