DULL DAVID A 4
4 · BROADCOM CORP · Filed Jan 9, 2006
Insider Transaction Report
Form 4
BROADCOM CORPBRCM
DULL DAVID A
V.P., G.C. & Secretary
Transactions
- Exercise/Conversion
Class A common stock
2006-01-05$20.45/sh+12,000$245,438→ 59,159 total - Sale
Class A common stock
2006-01-05$50.00/sh−12,000$600,000→ 47,159 total - Exercise/Conversion
Employee stock option (right to buy)
2006-01-05−12,000→ 86,336 totalExercise: $20.45Exp: 2008-11-02→ Class A common stock (12,000 underlying)
Footnotes (3)
- [F1]The shares covered by this Form 4 are being sold pursuant to a Rule 10b5-1 Sales Plan, which is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- [F2]Includes (i) 36,595 shares that are held as Class A common stock and (ii) 10,564 shares in the form of restricted stock units that will entitle the Reporting Person to receive one share of Class A common stock per restricted stock unit.
- [F3]As adjusted for intervening stock splits, the option covers a total of 185,336 shares of the Issuer's Class A common stock. 93.12% of the option is vested. The option becomes exercisable for the remaining 6.88% of the shares in 3 successive equal monthly installments from 02/01/2006 through 05/01/2006.