SEC Form 4 · accession 0001649338-16-000043
Broadcom Ltd · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis C Eggebrecht
Director
Period of report
Mar 29, 2016
Accepted (ET)
Mar 30, 2016 · 8:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001649338
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares, no par valueF1 | Mar 29, 2016 | M | 5,120 | $62.47 | A | 10,240 | D | |
| Ordinary Shares, no par valueF2,F1 | Mar 29, 2016 | S | 5,120 | $152.59 | D | 5,120 | D | |
| Ordinary Shares, no par valueF3 | holding | — | — | — | 1,500 | I | See Footnote |
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)F4 | $62.47 | Mar 29, 2016 | M | 5,120 | D | — | Apr 8, 2019 | Ordinary Shares, no par value | 5,120 | 10,241 | D |
Explanation of responses
- F1Includes 3,414 Restricted Stock Units.
- F2Transaction executed in multiple trades at prices ranging from $152.49 to $152.59 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.
- F3Shares held by the Lewis and Rebecca Eggebrecht Living Trust dated 6/21/1997 for which the Reporting Person serves as Trustee.
- F4The option vests over 3 years, with 33.333% vesting on each of the first three anniversaries of April 9, 2014, so that the option will be vested in full on April 9, 2017, subject to the Reporting Person's continuing service on each vesting date.