4//SEC Filing
BROADCOM CORP 4
Accession 0001054374-15-000035
CIK 0001054374operating
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 5:03 PM ET
Size
14.1 KB
Accession
0001054374-15-000035
Insider Transaction Report
Form 4
BROADCOM CORPBRCM
Chong Arthur
Sr. V.P., G.C. & Secretary
Transactions
- Award
Class A common stock
2015-02-19+47,558→ 332,362 total - Award
Class A common stock
2015-02-19+7,927→ 357,252 total - Award
Class A common stock
2015-02-19+7,927→ 373,106 total - Award
Class A common stock
2015-02-19+7,927→ 365,179 total - Award
Class A common stock
2015-02-19+16,963→ 349,325 total
Footnotes (8)
- [F1]These securities awarded on 02/19/2015 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 02/05/2015 through 02/05/2019.
- [F2]These securities were awarded in an exempt transaction pursuant to SEC Rule 16b-3(d).
- [F3]These securities awarded on 02/19/2015 are Performance RSU grants awarded pursuant to the relative total shareholder return component of the Issuer's Restricted Stock Units Incentive Award Program (the "Program"), 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 02/05/2015 through 02/05/2019.
- [F4]These securities awarded on 02/19/2015 are Performance RSU grants awarded pursuant to the operational component of the Issuer's Restricted Stock Units Incentive Award Program (the "Program"), 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 02/05/2015 through 02/05/2019.
- [F5]When the compensation committee (the "Committee") of the board of directors of the Issuer awarded the grant referenced in footnote 4 above (the "First Grant") to the Reporting Person, the Reporting Person also became entitled to receive an additional RSU grant representing a further 7,927 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).
- [F6]See footnote 5. These RSUs relate to the Grant Date that will occur in 2016.
- [F7]See footnote 5. These RSUs relate to the Grant Date that will occur in 2017.
- [F8]Includes (i) 42,851 shares that are held as Class A common stock and (ii) 330,255 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 typeoperating
IncorporatedCA
Related Parties
1- filerCIK 0001054374
Filing Metadata
- Form type
- 4
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 5:03 PM ET
- Size
- 14.1 KB