SEC Form 4 · accession 0001441634-15-000038
Avago Technologies LTD · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hock E Tan
Officer — President and CEO · Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 7:33 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 | Jul 1, 2015 | M | 105,730 | $15.00 | A | 261,986 | D | |
| Ordinary SharesF3,F2 | Jul 1, 2015 | S | 24,327 | $135.17 | D | 237,659 | D | |
| Ordinary SharesF4,F2 | Jul 1, 2015 | S | 71,650 | $136.09 | D | 166,009 | D | |
| Ordinary SharesF5,F2 | Jul 1, 2015 | S | 8,550 | $137.00 | D | 157,459 | D | |
| Ordinary SharesF6,F2 | Jul 1, 2015 | S | 1,203 | $137.63 | D | 156,256 | 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)F7 | $15.00 | Jul 1, 2015 | M | 105,730 | D | — | Aug 4, 2019 | Ordinary Shares | 105,730 | 88,540 | D |
Explanation of responses
- F1Transactions made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2Includes 41,666 Restricted Share Units.
- F3Transaction executed in multiple trades at prices ranging from $134.53 to $135.53 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC 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.
- F4Transaction executed in multiple trades at prices ranging from $135.54 to $136.54 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC 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.
- F5Transaction executed in multiple trades at prices ranging from $136.56 to $137.56 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC 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.
- F6Transaction executed in multiple trades at prices ranging from $137.57 to $137.67 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC 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.
- F7The option is fully vested and exercisable.