Home/Filings/4/0001140361-15-011779
4//SEC Filing

Avago Technologies LTD 4

Accession 0001140361-15-011779

CIK 0001441634operating

Filed

Mar 12, 8:00 PM ET

Accepted

Mar 13, 6:31 PM ET

Size

21.9 KB

Accession

0001140361-15-011779

Insider Transaction Report

Form 4
Period: 2015-03-11
OOI BOON C
SVP, Global Operations
Transactions
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2015-03-127,50015,000 total
    Exercise: $35.45Exp: 2020-03-11Ordinary Shares (7,500 underlying)
  • Exercise/Conversion

    Ordinary Shares

    2015-03-11$62.02/sh+12,500$775,25091,091 total
  • Sale

    Ordinary Shares

    2015-03-11$125.16/sh34,234$4,284,77956,857 total
  • Sale

    Ordinary Shares

    2015-03-11$126.15/sh1,600$201,83655,257 total
  • Exercise/Conversion

    Ordinary Shares

    2015-03-12$35.45/sh+7,500$265,87562,757 total
  • Sale

    Ordinary Shares

    2015-03-12$122.44/sh400$48,97562,357 total
  • Sale

    Ordinary Shares

    2015-03-12$123.87/sh3,900$483,08558,457 total
  • Sale

    Ordinary Shares

    2015-03-12$124.57/sh3,200$398,63055,257 total
  • Exercise/Conversion

    Stock Option (Right to Buy)

    2015-03-1112,50037,500 total
    Exercise: $62.02Exp: 2021-03-10Ordinary Shares (12,500 underlying)
Footnotes (9)
  • [F1]Transaction made pursuant to a 10b5-1 trading plan adopted by the Reporting Person.
  • [F2]Includes 52,167 Restricted Share Units ("RSUs").
  • [F3]Transaction executed in multiple trades at prices ranging from $125.00 to $125.80 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.
  • [F4]Transaction executed in multiple trades at prices ranging from $126.04 to $126.23 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.
  • [F5]Transaction executed in multiple trades at prices ranging from $122.04 to $122.79 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.
  • [F6]Transaction executed in multiple trades at prices ranging from $123.35 to $124.28 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.
  • [F7]Transaction executed in multiple trades at prices ranging from $124.35 to $124.86 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.
  • [F8]Share price performance option (the "First Option") granted pursuant to the Avago Technologies Limited 2009 Equity Incentive Award Plan (the "Avago Plan"). The First Option vests over four years, with 25% vesting on each anniversary of March 11, 2014. The First Option will not be exercisable until the date on which the average of the closing prices of the Company's ordinary shares (as reported on the stock exchange on which the shares are listed), over a ten consecutive trading day period is equal to or greater than 120% of the exercise price of the First Option. This criteria has been met and the First Option is exercisable to the extent vested.
  • [F9]Share price performance option (the "Second Option") granted pursuant to the Avago Plan. The Second Option vests over four years, with 25% vesting on each anniversary of March 12, 2013. The Second Option will not be exercisable until the date on which the average of the closing prices of the Company's ordinary shares (as reported on the stock exchange on which the shares are listed), over a ten consecutive trading day period is equal to or greater than 120% of the exercise price of the Second Option. This criteria has been met and the Second Option is exercisable to the extent vested.

Documents

1 file

Issuer

Avago Technologies LTD

CIK 0001441634

Entity typeoperating

Related Parties

1
  • filerCIK 0001441634

Filing Metadata

Form type
4
Filed
Mar 12, 8:00 PM ET
Accepted
Mar 13, 6:31 PM ET
Size
21.9 KB