SEC Form 4 · accession 0001140361-15-011213
Avago Technologies LTD · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Boon C Ooi
Officer — SVP, Global Operations
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001441634
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF2 | Mar 6, 2015 | M | 35,000 | $8.12 | A | 113,591 | D | |
| Ordinary SharesF2 | Mar 6, 2015 | M | 50,000 | $35.31 | A | 163,591 | D | |
| Ordinary SharesF3,F2 | Mar 6, 2015 | S | 54,999 | $128.1074 | D | 108,592 | D | |
| Ordinary SharesF4,F2 | Mar 6, 2015 | S | 18,101 | $128.8182 | D | 90,491 | D | |
| Ordinary SharesF5,F2 | Mar 6, 2015 | S | 11,900 | $129.7881 | D | 78,591 | 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)F6 | $8.12 | Mar 6, 2015 | M | 35,000 | D | — | Jan 14, 2019 | Ordinary Shares | 35,000 | 0 | D |
| Stock Option (Right to Buy)F7 | $35.31 | Mar 6, 2015 | M | 50,000 | D | — | Mar 5, 2019 | Ordinary Shares | 50,000 | 50,000 | D |
Explanation of responses
- F1Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
- F2Includes 75,501 Restricted Share Units.
- F3This transaction was executed in multiple trades in prices ranging from $127.52 to $128.51, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F4This transaction was executed in multiple trades in prices ranging from $128.52 to $129.51, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F5This transaction was executed in multiple trades in prices ranging from $129.52 to $130.41, inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide to the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
- F6The option is fully vested and exercisable.
- F7The option vests as to 50% of the shares subject thereto on each of March 6, 2015 and March 6, 2016.