SEC Form 4 · accession 0001649338-16-000096
Broadcom Ltd · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patricia H McCall
Officer — VP & General Counsel
Period of report
Jul 8, 2016
Accepted (ET)
Jul 11, 2016 · 8:57 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 | Jul 8, 2016 | M | 3,000 | $10.22 | A | 44,884 | D | |
| Ordinary Shares, no par valueF1 | Jul 8, 2016 | M | 5,000 | $10.22 | A | 49,884 | D | |
| Ordinary Shares, no par valueF2,F1 | Jul 8, 2016 | S | 8,000 | $154.37 | D | 41,884 | 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)F3 | $10.22 | Jul 8, 2016 | M | 3,000 | D | — | Jun 4, 2017 | Ordinary Shares, no par value | 3,000 | 0 | D |
| Stock Option (Right to Buy)F3 | $10.22 | Jul 8, 2016 | M | 5,000 | D | — | Feb 21, 2018 | Ordinary Shares, no par value | 5,000 | 5,000 | D |
Explanation of responses
- F1Includes 22,000 Restricted Share Units.
- F2Transaction executed in multiple trades at prices ranging from $153.79 to $154.72 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.
- F3The option is fully vested and exercisable.