MRVL » Topics » Warrants

These excerpts taken from the MRVL 10-K filed Apr 1, 2009.

Warrants

In connection with an acquisition in June 2003, the Company issued 2,172,732 warrants to purchase common shares at an exercise price of $4.61 per share. The warrants had a five-year life from the date of issuance. The warrant value was included in the purchase accounting of the acquisition. As of January 31, 2009, approximately 2,170,839 warrants had been exercised for a net issuance of 1,730,434 common shares. As of January 31, 2009, there were no warrants outstanding.

Warrants

In connection with an acquisition in June 2003, the Company issued 2,172,732 warrants to purchase common shares at an exercise price of $4.61 per share. The warrants had a five-year life from the date of issuance. The warrant value was included in the purchase accounting of the acquisition. As of January 31, 2009, approximately 2,170,839 warrants had been exercised for a net issuance of 1,730,434 common shares. As of January 31, 2009, there were no warrants outstanding.

Warrants

FACE="Times New Roman" SIZE="2">In connection with an acquisition in June 2003, the Company issued 2,172,732 warrants to purchase common shares at an exercise price of $4.61 per share. The warrants had a five-year life from the date of issuance. The
warrant value was included in the purchase accounting of the acquisition. As of January 31, 2009, approximately 2,170,839 warrants had been exercised for a net issuance of 1,730,434 common shares. As of January 31, 2009, there were no
warrants outstanding.

These excerpts taken from the MRVL 10-K filed Mar 28, 2008.

Warrants

        In connection with an acquisition in June 2003, the Company issued 2,172,732 warrants to purchase shares of common stock at an exercise price of $4.61 per share. The warrants have a five-year life from the date of issuance. The warrant value was included in the purchase accounting of the acquisition. As of February 2, 2008, approximately 66,144 warrants had been exercised for a net issuance of 49,998 shares of common stock. As of February 2, 2008, 2,106,588 warrants were outstanding.

Warrants





        In connection with an acquisition in June 2003, the Company issued 2,172,732 warrants to purchase shares of common stock at an exercise price of $4.61 per share.
The warrants have a five-year life from the date of issuance. The warrant value was included in the purchase accounting of the acquisition. As of February 2, 2008, approximately
66,144 warrants had been exercised for a net issuance of 49,998 shares of common stock. As of February 2, 2008, 2,106,588 warrants were outstanding.






This excerpt taken from the MRVL 10-K filed Jul 2, 2007.

Warrants

In connection with an acquisition in June 2003, the Company issued 2,172,732 warrants to purchase shares of common stock at an exercise price of $4.61 per share. The warrants have a five-year life from the date of issuance. The warrant value was included in the purchase accounting of the acquisition. As of January 27, 2007, approximately 66,144 warrants had been exercised for a net issuance of 49,998 shares of common stock. As of January 27, 2007, 2,106,588 warrants were outstanding.

136




MARVELL TECHNOLOGY GROUP LTD.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

This excerpt taken from the MRVL 10-K filed Apr 13, 2006.
Note 7 — Warrants:

In June 2003, in connection with the Company’s acquisition of RADLAN, the Company issued 1,086,366 warrants to purchase shares of common stock at an exercise price of $9.21 per share. The Company valued the warrants under the Black-Scholes formula at approximately $7.5 million. The warrant

90




MARVELL TECHNOLOGY GROUP LTD
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

value was recorded as part of the RADLAN purchase accounting. As of January 31, 2006, approximately 31,176 warrants had been exercised for a net issuance of 23,413 shares of common stock. The warrants have a five-year life from the date of issuance. As of January 31, 2006, 1,055,190 warrants were outstanding.

This excerpt taken from the MRVL 10-K filed Apr 14, 2005.

Note 7 — Warrants:

        In June 2003, in connection with the Company's acquisition of RADLAN, the Company issued warrants to purchase 1,086,366 shares of common stock at an exercise price of $9.21 per share. The Company valued the warrants under the Black-Scholes formula at approximately $7.5 million. The warrant value was recorded as part of the RADLAN purchase accounting. As of January 31, 2005, approximately 6,082 warrants had been exercised for a net issuance of 3,436 shares of common stock. The warrants have a five-year life from the date of issuance.

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