SEC Form 4 · accession 0001649338-17-000002
Broadcom Ltd · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis C Eggebrecht
Director
Period of report
Jan 4, 2017
Accepted (ET)
Jan 6, 2017 · 7:09 pm EST
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 | Jan 4, 2017 | M | 5,120 | $62.47 | A | 10,240 | D | |
| Ordinary Shares, no par valueF1 | Jan 4, 2017 | S | 5,120 | $176.984 | D | 5,120 | D | |
| Ordinary Shares, no par valueF2 | 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)F3 | $62.47 | Jan 4, 2017 | M | 5,120 | D | — | Apr 8, 2019 | Ordinary Shares, no par value | 5,120 | 5,121 | D |
Explanation of responses
- F1Includes 1,707 Restricted Share Units.
- F2Shares held by the Lewis and Rebecca Eggebrecht Living Trust dated 6/21/1997 for which the Reporting Person serves as Trustee.
- F3The 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 director's continuing service on each vesting date.