GREENE JAMES H JR 4
4 · Avago Technologies LTD · Filed Apr 21, 2010
Insider Transaction Report
Form 4
GREENE JAMES H JR
Director10% Owner
Transactions
- Exercise/Conversion
Stock Option (right to buy)
2010-04-21−50,000→ 0 totalExercise: $5.00Exp: 2010-06-24→ Ordinary Shares, no par value (50,000 underlying) - Exercise/Conversion
Ordinary Shares, no par value
2010-04-21$5.00/sh+50,000$250,000→ 50,000 total
Holdings
- 2,326,181(indirect: By Partnership)
Ordinary Shares, no par value
Footnotes (4)
- [F1]Bali Investments S.??r.l. ("Bali") holds 127,757,725 ordinary shares, or 53.8%, of Avago Technologies Limited ("Avago") based on 237,687,764 ordinary shares outstanding as of February 26, 2010. The shareholders of Bali include overseas investment funds affiliated with Kohlberg Kravis Roberts & Co. L.P. (the "KKR Entities") and funds affiliated with Silver Lake Partners. The Reporting Person disclaims beneficial ownership of such securities.
- [F2]KKR Partners (International), Limited Partnership ("Partners International"), as a shareholder of Bali, may be deemed to indirectly own 2,326,181 ordinary shares of Avago. As the sole general partner of Partners International, KKR 1996 Overseas, Limited may be deemed to share voting and dispositive power with respect to the ordinary shares of Avago indirectly owned by Partners International. KKR 1996 Overseas, Limited disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest. As a director of KKR 1996 Overseas, Limited, Mr. Greene may be deemed to be the beneficial owner of the securities held by Partners International but disclaims beneficial ownership of such securities, except to the extent of his pecuniary interest.
- [F3]The options to purchase ordinary shares vested with respect to 20% of the ordinary shares subject thereto (i.e., 10,000 ordinary shares) on each anniversary of December 1, 2005 and the remaining options to purchase 10,000 ordinary shares became vested effective upon the Reporting Person's resignation from the board of directors of Avago.
- [F4]The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Person is the beneficial owner of all such equity securities covered by this statement.