SEC Form 4 · accession 0001054374-15-000086
BROADCOM CORP · BRCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Switz
Director
Period of report
May 12, 2015
Accepted (ET)
May 14, 2015 · 6:03 pm EDT
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 stockF1,F2,F3 | May 12, 2015 | A | 5,219 | $0.00 | A | 39,038 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities awarded on 05/12/2015 are 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 upon the vesting of that unit. The restricted stock units will vest, and the underlying shares will be concurrently issued, in a series of four successive equal quarterly installments over the Reporting Person's period of service as a member of the Issuer's Board of Directors as follows: (i) the first three such quarterly vesting dates shall occur on 08/05/2015, 11/05/2015, 02/05/2016 and (ii) the final quarterly vesting date shall occur upon the Reporting Person's continuation in Board service through the earlier of 05/05/2016 or the day immediately preceding the date of the Broadcom Corporation 2016 Annual Meeting of Shareholders.
- F2The securities were awarded in an exempt transaction pursuant to SEC Rule 16b-3(d).
- F3Includes (i) 33,819 shares that are held as Class A common stock and (ii) 5,219 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.