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Form 4 MARVELL TECHNOLOGY GROUP For: Aug 15 Filed by: Christman Dan

August 19, 2019 4:06 PM
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
Christman Dan

(Last) (First) (Middle)
5488 MARVELL LANE

(Street)
SANTA CLARA CA 95054

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MARVELL TECHNOLOGY GROUP LTD [ MRVL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Storage Business Group
3. Date of Earliest Transaction (Month/Day/Year)
08/15/2019
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Shares 08/15/2019 M 6,225 A $ 0 38,159 D
Common Shares 08/15/2019 F (1) 3,278 D $ 24.08 34,881 D
Common Shares 08/15/2019 A (4) 27,462 A $ 0 62,343 D
Common Shares 08/15/2019 F (1) 14,459 D $ 24.08 47,884 D
Common Shares 08/15/2019 A (5) 17,987 A $ 0 65,871 D
Common Shares 08/15/2019 F (1) 9,471 D $ 24.08 56,400 D
Common Shares 08/15/2019 A (6) 21,300 A $ 0 77,700 D
Common Shares 08/15/2019 F (1) 11,215 D $ 24.08 66,485 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (2) 08/15/2019 M 6,225 (3) (3) Common Shares 6,225 $ 0 0 D
Explanation of Responses:
1. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
2. Each RSU represents a contingent right to recieve one Marvell Technology Group Ltd, common share upon vesting.
3. This grant is fully vested.
4. Mr. Christman vested as to 13,731 shares at target and as to 13,731 shares above target pursuant to the terms of the PSU RSU grant made to him on August 29, 2016.
5. Mr. Christman vested as to 13,731 shares at target and as to 4,256 shares above target pursuant to the terms of the TSR RSU grant made to him on August 29, 2016.
6. Mr. Christman vested as to 16,260 shares at target and as to 5,040 shares above target pursuant to the terms of the TSR RSU grant made to him on August 29, 2016.
Dan Christman by Blair Walters as attorney-in-fact 08/19/2019
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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