SEC Form 4 · accession 0001054374-15-000128
BROADCOM CORP · BRCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Arthur Chong
Officer — Exec. V.P., G.C. & Secretary
Period of report
Nov 5, 2015
Accepted (ET)
Nov 9, 2015 · 5:27 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 | Nov 5, 2015 | F | 13,967 | $52.19 | D | 296,570 | D | |
| Class A common stockF3 | Nov 6, 2015 | S | 9,291 | $53.6214 | D | 287,279 | D | |
| Class A common stockF4,F5 | Nov 6, 2015 | S | 3,495 | $53.6319 | D | 283,784 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were withheld by the Issuer in satisfaction of the withholding taxes incurred in connection with the vesting of restricted stock units previously awarded to the Reporting Person. The withholding of the shares is an exempt disposition pursuant to Rule 16b-3(e) of the Securities Exchange Act of 1934, as amended.
- F2The shares covered by this Form 4 are being sold pursuant to a Rule 10b5-1 Sales Plan, which is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F3Such transaction was executed in multiple trades at prices ranging from $52.91 to $53.83. 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.
- F4Such transaction was executed in multiple trades at prices ranging from $53.30 to $53.83. 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.
- F5Includes (i) 33,785 shares that are held as Class A common stock and (ii) 249,999 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.