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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 6.003 | 08/10/2007 | M | 58,334 | (3) | 08/15/2007 | Common Stock | 0 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 10.91 (4) | 08/10/2007 | M | 1,416,667 | (4) | 08/15/2007 | Common Stock | 0 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Sehat Sutardja & Weili Dai 5488 MARVELL LANE SANTA CLARA, CA 95054 |
X | X | CEO | |
Weili Dai & Sehat Sutardja 5488 MARVELL LANE SANTA CLARA, CA 95054 |
X |
Ms. Weili Dai & Dr. Sehat Sutardja | 08/14/2007 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Ms. Weili Dai and Dr. Sehat Sutardja are the general partners of The Sutardja Family Partners, a California family limited partnership. |
(2) | These securities are jointly owned by Ms. Weili Dai and Dr. Sehat Sutardja who are members of a "group" for purposes Section 13(d) of the Securities Exchange Act of 1934, as amended. |
(3) | Fully vested and exerciseable. This option is owned directly by Ms. Weili Dai and indirectly by her spouse, Dr. Sehat Sutardja. |
(4) | Fully vested and exerciseable. Subject to the Reformation Agreement entered into between the Company and Ms. Dai, effective December 26, 2006, the effective date of this grant was changed to January 16, 2004, based upon the Company's internal review of its stock option practices. As a result, the exercise price of the grant was changed to the fair market value of the common stock of the Company on January 16, 2004, or $10.91. On May 6, 2007, 666,667 unvested options were cancelled as a result of Ms. Dai's termination of service as an executive officer of the Company. This option is owned directly by Ms. Weili Dai and indirectly by her spouse, Dr. Sehat Sutardja. |