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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) | $ 14.01 | 03/01/2011 | A | 226,800 (1) (2) | (1)(2) | 12/28/2017 | Common Shares | 226,800 | $ 0 | 226,800 | D | ||||
Restricted stock units (Right to Acquire) | (3) | 03/01/2011 | A | 100,000 (4) (5) | (5) | 04/01/2011(5) | Common Shares | 100,000 | $ 0 | 100,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Sutardja, Sehat 5488 MARVELL LANE SANTA CLARA, CA 95054 |
X | X | President and CEO | |
Dai, Weili 5488 MARVELL LANE SANTA CLARA, CA 95054 |
X |
/s/ Sehat Sutardja | 03/03/2011 | |
**Signature of Reporting Person | Date | |
/s/ Weili Dai | 03/03/2011 | |
**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) | Dr. Sehat Sutardja is the husband of Ms. Weili Dai. Dr. Sehat Sutardja holds this option in his own name. Ms. Dai may be deemed to be an indirect beneficial owner of this option. |
(2) | On December 28, 2007, Dr. Sehat Sutardja was granted a performance-based stock option award for up to 226,800 common shares, subject to the achievement of certain performance criteria. The performance criteria were met, as determined by the administrator per the terms of Dr. Sutardja's grant, on March 1, 2011, and the options will vest on March 30, 2011 subject to Dr. Sutardja's continuous status as a service provider through such date. |
(3) | Each restricted stock unit represents a contingent right to receive one Marvell common share. |
(4) | Dr. Sehat Sutardja is the husband of Ms. Dai. Dr. Sehat Sutardja holds this grant of restricted stock units in his own name. Ms. Dai may be deemed to be an indirect beneficial owner of this grant of restricted stock units. |
(5) | On April 12, 2010, Dr. Sehat Sutardja was granted a performance-based restricted stock unit ("RSU") award for up to 200,000 common shares, subject to the achievement of certain performance criteria. The performance criteria related to 100,000 RSUs were met, as determined by the administrator per the terms of Dr. Sutardja's grant, on March 1, 2011, and the common shares issuable in respect of these RSUs will vest on April 1, 2011 subject to Dr. Sutardja's continuous status as a service provider through such date. |