SEC Form 4 · accession 0001054374-15-000033
BROADCOM CORP · BRCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Switz
Director
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 7:09 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 17, 2015 | M | 10,000 | $41.25 | A | 53,819 | D | |
| Class A common stockF1 | Feb 17, 2015 | S | 10,000 | $45.6013 | D | 43,819 | D | |
| Class A common stockF2 | Feb 19, 2015 | S | 10,000 | $45.00 | D | 33,819 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F3 | $41.25 | Feb 17, 2015 | M | 10,000 | D | — | Apr 26, 2016 | Class A common stock | 10,000 | 0 | D |
Explanation of responses
- F1Such transaction was executed in multiple trades at prices ranging from $45.60 to $45.61. 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) 31,310 shares that are held as Class A common stock and (ii) 2,509 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.