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