SEC Form 4 · accession 0001054374-15-000027
BROADCOM CORP · BRCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil Y. Kim
Officer — EVP, Ops. & Central Eng.
Period of report
Feb 12, 2015
Accepted (ET)
Feb 13, 2015 · 6:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001054374
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stock | Feb 12, 2015 | M | 10,000 | $23.17 | A | 247,679 | D | |
| Class A common stock | Feb 12, 2015 | M | 10,000 | $27.74 | A | 257,679 | D | |
| Class A common stock | Feb 12, 2015 | M | 28,000 | $32.93 | A | 285,679 | D | |
| Class A common stock | Feb 12, 2015 | M | 10,000 | $41.15 | A | 295,679 | D | |
| Class A common stockF1,F2 | Feb 12, 2015 | S | 58,000 | $45.1326 | D | 237,679 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee stock option (right to buy)F3 | $23.17 | Feb 12, 2015 | M | 10,000 | D | — | Apr 27, 2019 | Class A common stock | 10,000 | 10,000 | D |
| Employee stock option (right to buy)F3 | $27.74 | Feb 12, 2015 | M | 10,000 | D | — | Apr 23, 2018 | Class A common stock | 10,000 | 50,500 | D |
| Employee stock option (right to buy)F3 | $32.93 | Feb 12, 2015 | M | 28,000 | D | — | May 2, 2017 | Class A common stock | 28,000 | 20,000 | D |
| Employee stock option (right to buy)F3 | $41.15 | Feb 12, 2015 | M | 10,000 | D | — | May 4, 2016 | Class A common stock | 10,000 | 34,900 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $45.00 to $45.41. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F2Includes (i) 41,233 shares that are held as Class A common stock and (ii) 196,446 shares in the form of restricted stock units that will entitle the Reporting Person to receive one share of Class A common stock per restricted stock unit.
- F3All shares subject to such option are fully vested and immediately exercisable.