SEC Form 4
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*
CUNEO F PETER

(Last) (First) (Middle)
MARVEL ENTERTAINMENT, INC.
417 5TH AVENUE

(Street)
NEW YORK, NY 10016

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Marvel Entertainment, Inc. [ MVL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/07/2006
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 Stock 11/07/2006 M 500,000 A $4.83 976,000 D
Common Stock 11/07/2006 G V 26,000 D $0 950,000 D
Common Stock 11/07/2006 G V 34,000 D $0 916,000 D
Common Stock 11/07/2006 S 416,000 D $26.49 500,000 D
Common Stock 11/08/2006 S 400,000 D $26.4 100,000 D
Common Stock 11/09/2006 S 100,000 D $26.55 0(1) 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
Stock Option (right to buy)(2) $4.83(3) 11/07/2006 M 500,000 07/19/2000(4) 07/19/2009 Common Stock 500,000 (2) 625,000(3) D
Explanation of Responses:
1. Mr. Cuneo is the beneficial owner of 640,000 shares of Common Stock in respect of stock options granted pursuant to the Issuer's 1998 Stock Incentive Plan that are immediately exercisable
2. Grant pursuant to the Issuer's 1998 Stock Incentive Plan.
3. This option was previously reported as covering 750,000 shares of Common Stock at an exercise price of $7.25 but was adjusted to reflect the Issuer's 3-for-2 stock split on March 26, 2004.
4. This option became exercisable in three equal installments on each of 7/19/2000, 7/19/2001 and 7/19/2002.
Remarks:
/s/ Benjamin Dean, attorney-in-fact for F. Peter Cuneo 11/09/2006
** 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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