SEC Form 4 · accession 0001441634-15-000046
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
Sep 1, 2015
Accepted (ET)
Sep 3, 2015 · 5:30 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 7, 2015 | G | 18,000 | $0.00 | D | 138,256 | D | |
| Ordinary SharesF2 | Sep 1, 2015 | M | 105,729 | $32.39 | A | 243,985 | D | |
| Ordinary SharesF4,F2 | Sep 1, 2015 | S | 3,529 | $121.26 | D | 240,456 | D | |
| Ordinary SharesF5,F2 | Sep 1, 2015 | S | 21,081 | $122.68 | D | 219,375 | D | |
| Ordinary SharesF6,F2 | Sep 1, 2015 | S | 68,748 | $123.45 | D | 150,627 | D | |
| Ordinary SharesF7,F2 | Sep 1, 2015 | S | 12,071 | $124.25 | D | 138,556 | D | |
| Ordinary SharesF8,F2 | Sep 1, 2015 | S | 300 | $124.97 | D | 138,256 | 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)F9 | $32.39 | Sep 1, 2015 | M | 105,729 | D | — | Mar 7, 2018 | Ordinary Shares | 105,729 | 377,082 | D |
Explanation of responses
- F1Charitable gift to Massachusetts Institute of Technology.
- F2Includes 41,666 Restricted Share Units.
- F3Transactions made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F4Transaction executed in multiple trades at prices ranging from $120.70 to $121.63 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 $121.93 to $122.92 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 $122.93 to $123.92 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.
- F7Transaction executed in multiple trades at prices ranging from $123.93 to $124.87 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.
- F8Transaction executed in multiple trades at prices ranging from $124.94 to $125.02 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.
- F9The option is fully vested and exercisable.