SEC Form 4 · accession 0001730168-18-000057
Broadcom Inc. · AVGO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H. Krause
Officer — Chief Financial Officer
Period of report
Dec 4, 2018
Accepted (ET)
Dec 7, 2018 · 7:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001730168
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.001 par valueF1,F2,F3 | Dec 4, 2018 | A | 40,000 | $0.00 | A | 107,082 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award approved on December 4, 2018 with an effective grant date of January 15, 2019.
- F2Award of Restricted Stock Units ("RSUs") granted pursuant to the Avago Technologies Limited 2009 Equity Incentive Award Plan. Upon vesting thereof, the Reporting Person is entitled to one (1) share of common stock for each one (1) RSU. This award consists of four grants, each for 10,000 RSUs, and is intended to approximate four consecutive annual equity grants with successive four-year vesting periods. 25% of the shares underlying each grant vests on each annual anniversary of the vesting commencement date applicable to such grant. The four grants have successive vesting commencement dates of March 15, 2019, March 15, 2020, March 15, 2021 and March 15, 2022, such that the fourth grant under the award will not vest in full on until March 15, 2026, subject to continued service with the Issuer.
- F3Includes 78,625 RSUs.