SEC Form 4 · accession 0001441634-15-000042
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
Aug 3, 2015
Accepted (ET)
Aug 5, 2015 · 7:41 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 | Aug 3, 2015 | M | 88,540 | $15.00 | A | 244,796 | D | |
| Ordinary SharesF2 | Aug 3, 2015 | M | 17,189 | $32.39 | A | 261,985 | D | |
| Ordinary SharesF3,F2 | Aug 3, 2015 | S | 61,955 | $125.18 | D | 200,030 | D | |
| Ordinary SharesF4,F2 | Aug 3, 2015 | S | 43,774 | $125.59 | 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)F5 | $15.00 | Aug 3, 2015 | M | 88,540 | D | — | Aug 4, 2019 | Ordinary Shares | 88,540 | 0 | D |
| Stock Option (Right to Buy)F5 | $32.39 | Aug 3, 2015 | M | 17,189 | D | — | Mar 7, 2018 | Ordinary Shares | 17,189 | 482,811 | 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 $124.43 to $125.42 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 $125.43 to $126.10 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.
- F5The option is fully vested and exercisable.