SEC Form 4 · accession 0001649338-17-000046
Broadcom Ltd · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charlie B Kawwas
Officer — SVP & Chief Sales Officer
Period of report
Mar 14, 2017
Accepted (ET)
Mar 15, 2017 · 6:45 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 14, 2017 | M | 10,000 | $71.86 | A | 85,227 | D | |
| Ordinary Shares, no par valueF1 | Mar 14, 2017 | S | 10,000 | $225.16 | D | 75,227 | 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)F2 | $71.86 | Mar 14, 2017 | M | 10,000 | D | — | Jun 9, 2021 | Ordinary Shares, no par value | 10,000 | 60,000 | D |
Explanation of responses
- F1Includes 73,257 Restricted Share Units.
- F2Share price performance option (the "Option") granted pursuant to the Avago Technologies Limited 2009 Equity Incentive Award Plan. The Option vests over four years, with 25% vesting on each anniversary of the date of grant, such that the Option will be fully vested on June 10, 2018. The exercisability requirements of the Option have been met.