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Form 4 MARVELL TECHNOLOGY GROUP For: Jul 15 Filed by: Hussain Muhammad Raghib

July 17, 2020 10:03 AM
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 *
Hussain Muhammad Raghib

(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 Chief Strategy Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/15/2020
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 05/29/2020 G V 15,380 D $ 0 (1) 701,769 (2) D
Common Shares 07/15/2020 M 6,854 A $ 0 708,623 D
Common Shares 07/15/2020 F (3) 3,399 D $ 37.05 705,224 D
Common Shares 07/15/2020 M 6,958 A $ 0 712,182 D
Common Shares 07/15/2020 F (3) 3,450 D $ 37.05 698,975 (4) D
Common Shares 88,081 (4) I By Family Trusts (5)
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 (6) 07/15/2020 M 6,854 (7) (7) Common Shares 6,854 $ 0 47,976 D
Restricted Stock Units (6) 07/15/2020 M 6,958 (8) (8) Common Shares 6,958 $ 0 76,542 D
Explanation of Responses:
1. The reported disposition represents a bona fide charitable gift made by the reporting person.
2. Includes 1628 shares acquired under the Marvell 2000 Employee Stock Purchase Plan on June 5, 2020.
3. Surrender of shares in payment of tax withholding due as a result of the vesting of restricted stock units ("RSUs").
4. This balance reflects a transfer on 4/15/20 of 9,757 shares previously held directly by Mr. Hussain into a family trust.
5. Held in trusts of which the Reporting Person is the trustee, for the benefit of members of his immediate family.
6. Each restricted stock unit represents a contingent right to receive one Marvell Technology Group Ltd. ("Marvell") common share upon vesting.
7. The remaining RSUs vest on each of 10/15/2020, 1/15/2021, 4/15/2021, 7/15/2021, 10/15/2021, 1/15/2022 and 4/15/2022.
8. The remaining RSU's will vest on 10/15/20, 1/15/21, 4/15/21, 7/15/21, 10/15/21, 1/15/22, 4/15/22, 7/15/22, 10/15/22, 1/15/23 and 4/15/23.
Muhammad Raghib Hussain by Blair Walters as Attorney-in-Fact 07/16/2020
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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