SEC Form 4 · accession 0001441634-15-000063
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
Oct 1, 2015
Accepted (ET)
Oct 5, 2015 · 5:26 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 | Oct 1, 2015 | M | 105,729 | $32.39 | A | 243,985 | D | |
| Ordinary SharesF3,F2 | Oct 1, 2015 | S | 73,442 | $120.05 | D | 170,543 | D | |
| Ordinary SharesF4,F2 | Oct 1, 2015 | S | 16,100 | $120.83 | D | 154,443 | D | |
| Ordinary SharesF5,F2 | Oct 1, 2015 | S | 3,908 | $121.78 | D | 150,535 | D | |
| Ordinary SharesF6,F2 | Oct 1, 2015 | S | 12,279 | $123.49 | 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)F7 | $32.39 | Oct 1, 2015 | M | 105,729 | D | — | Mar 7, 2018 | Ordinary Shares | 105,729 | 271,353 | 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 $119.51 to $120.50 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 $120.51 to $121.49 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 $121.51 to $122.31 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 $123.11 to $124.06 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.