SEC Form 4 · accession 0001649338-17-000115
Broadcom Ltd · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Ingram
Officer — SVP & GM, Wireless Semicon Div
Period of report
Sep 28, 2017
Accepted (ET)
Oct 2, 2017 · 5:49 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 valueF2 | Sep 28, 2017 | M | 10,000 | $35.45 | A | 87,671 | D | |
| Ordinary Shares, no par valueF3,F2 | Sep 28, 2017 | S | 4,327 | $240.035 | D | 83,344 | D | |
| Ordinary Shares, no par valueF4,F2 | Sep 28, 2017 | S | 4,873 | $240.961 | D | 78,471 | D | |
| Ordinary Shares, no par valueF5,F2 | Sep 28, 2017 | S | 800 | $241.689 | D | 77,671 | 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)F6 | $35.45 | Sep 28, 2017 | M | 10,000 | D | — | Mar 11, 2020 | Ordinary Shares, no par value | 10,000 | 0 | D |
Explanation of responses
- F1Transaction made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2Includes 63,500 Restricted Share Units.
- F3Transaction executed in multiple trades at prices ranging from $239.54 to $240.53 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 $240.57 to $241.39 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 $241.63 to $241.76 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.
- F6The option is fully vested and exercisable.