4//SEC Filing
TIMBERMAN TERRI L. 4
Accession 0001054374-13-000046
CIK 0001054374other
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 6:50 PM ET
Size
11.9 KB
Accession
0001054374-13-000046
Insider Transaction Report
Form 4
BROADCOM CORPBRCM
TIMBERMAN TERRI L.
EVP, Human Resources
Transactions
- Award
Class A common stock
2013-02-14+36,265→ 167,229 total - Award
Class A common stock
2013-02-14+12,089→ 179,318 total - Award
Class A common stock
2013-02-14+12,089→ 191,407 total - Award
Class A common stock
2013-02-14+12,089→ 203,496 total
Footnotes (7)
- [F1]These securities awarded on 02/14/2013 are in the form of restricted stock units ("RSUs") that will entitle the Reporting Person to receive one share of the Issuer's Class A common stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of sixteen quarterly installments upon the Reporting Person's completion of each three month period of service over the period measured from 02/05/2013 through 02/05/2017.
- [F2]These securities were awarded in an exempt transaction pursuant to SEC Rule 16b-3(d).
- [F3]These securities awarded on 02/14/2013 are Performance RSU grants awarded pursuant to the Issuer's Restricted Stock Units Incentive Award Program (the "Program") adopted in January 2011, and are in the form of RSUs that will entitle the Reporting Person to receive one share of Class A common stock per RSU. The RSUs will vest, and the underlying shares will be concurrently issued in a series of sixteen quarterly installments upon the Reporting Person's completion of each three month period of service over the period measured from 02/05/2013 through 02/05/2017.
- [F4]When the compensation committee (the "Committee") of the board of directors of the Issuer awarded the grant referenced in footnote 3 above (the "First Grant") to the Reporting Person, the Reporting Person also became entitled to receive an additional RSU grant representing a further 12,089 shares of Class A common stock in each of the two years immediately following the year of the First Grant. The RSUs subject to each of those additional grants will vest, and the underlying shares will be concurrently issued, in a series of sixteen quarterly installments upon the Reporting Person's completion of each three month period of service over the period measured from the applicable grant by the Committee (the date of any such grant, a "Grant Date"), which is expected to be made in February of the applicable year (but must, in any case, be made in the applicable year).
- [F5]See footnote 4. These RSUs relate to the Grant Date that will occur in 2014.
- [F6]See footnote 4. These RSUs relate to the Grant Date that will occur in 2015.
- [F7]Includes (i) 46,587 shares that are held as Class A common stock and (ii) 156,909 shares in the form of RSUs that will entitle the Reporting Person to receive one share of Class A common stock per RSU.
Documents
Issuer
BROADCOM CORP
CIK 0001054374
Entity typeother
Related Parties
1- filerCIK 0001399972
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 6:50 PM ET
- Size
- 11.9 KB