Filing Details
- Accession Number:
- 0001441634-14-000030
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-03-14 17:18:09
- Reporting Period:
- 2014-03-12
- Filing Date:
- 2014-03-14
- Accepted Time:
- 2014-03-14 17:18:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1441634 | Avago Technologies Ltd | AVGO | Semiconductors & Related Devices (3674) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1469468 | Bryan Ingram | C/O Avago Technologies Us Inc. 350 West Trimble Road San Jose CA 95131 | Svp & Coo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Acquisiton | 2014-03-12 | 12,000 | $10.00 | 168,667 | No | 4 | M | Direct | |
| Ordinary Shares | Acquisiton | 2014-03-12 | 75,000 | $32.39 | 243,667 | No | 4 | M | Direct | |
| Ordinary Shares | Acquisiton | 2014-03-12 | 20,000 | $35.45 | 263,667 | No | 4 | M | Direct | |
| Ordinary Shares | Disposition | 2014-03-12 | 2,293 | $61.27 | 261,374 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-12 | 2,925 | $62.09 | 258,449 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-12 | 6,782 | $62.98 | 251,667 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-12 | 12,900 | $61.18 | 238,767 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-12 | 17,657 | $62.00 | 221,110 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-12 | 44,443 | $62.96 | 176,667 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-12 | 20,000 | $63.09 | 156,667 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-13 | 10,315 | $64.42 | 146,352 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-13 | 3,360 | $64.34 | 142,992 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-13 | 11,692 | $62.76 | 131,300 | No | 4 | S | Direct | |
| Ordinary Shares | Disposition | 2014-03-13 | 6,300 | $63.77 | 125,000 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Ordinary Shares | Employee Stock Options (right to buy) | Disposition | 2014-03-12 | 12,000 | $0.00 | 12,000 | $10.00 |
| Ordinary Shares | Employee Stock Options (right to buy) | Disposition | 2014-03-12 | 75,000 | $0.00 | 75,000 | $32.39 |
| Ordinary Shares | Employee Stock Options (right to buy) | Disposition | 2014-03-12 | 20,000 | $0.00 | 20,000 | $35.45 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2019-03-02 | No | 4 | M | Direct | |
| 75,000 | 2018-03-07 | No | 4 | M | Direct | |
| 60,000 | 2020-03-11 | No | 4 | M | Direct |
Footnotes
- Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 28, 2013.
- Transaction executed in multiple trades at prices ranging from $60.52 to $61.51 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- Transaction executed in multiple trades at prices ranging from $61.57 to $62.54 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- Transaction executed in multiple trades at prices ranging from $62.60 to $63.23 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- These transaction executed in multiple trades at prices ranging from $60.46 to $61.45 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- Transaction executed in multiple trades at prices ranging from $61.467 to $62.46 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- Transaction executed in multiple trades at prices ranging from $62.47 to $63.23 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- Represents a portion of the aggregate 13,675 shares sold by the Reporting Person to cover withholding taxes due upon vesting of restricted shares units ("RSUs") of which 3,360 shares were sold pursuant to an irrevocable election of the Reporting Person, dated June 10, 2013, and 10,315 shares were sold pursuant to mandatory sale provisions of the relevant RSU grant, in each case to sell sufficient shares to cover such withholding taxes.
- Transaction executed in multiple trades at prices ranging from $64.42 to $64.44 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.
- Transaction executed in multiple trades at prices ranging from $64.3377 to $64.34 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.
- Transaction executed in multiple trades at prices ranging from $62.40 to $63.36 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- Transactions executed in multiple trades at prices ranging from $63.50 to $64.08 per share, inclusive. The price reported in Column 4 above reflects the weighted average sale price. 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.
- Represents 125,000 RSUs.
- The option is fully vested and exercisable.
- The option vested with respect to 50% of the shares subject thereto on March 8, 2014, and the remaining 50% of the shares vest on March 8, 2015.
- Share 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. The exercisability requirements for the Option have been met.
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