BROADCOM CORP 4
4 · BROADCOM CORP · Filed Jun 23, 2008
Insider Transaction Report
Form 4
BROADCOM CORPBRCM
FARINSKY GEORGE L
Director
Transactions
- Gift
Class A common stock
2008-05-05−1,250→ 0 total - Award
Class A common stock
2008-06-19+11,022→ 26,272 total
Footnotes (5)
- [F1]Such transaction represents the transfer of 1,250 shares of the Issuer's Class A Common Stock from the Reporting Person to the Farinsky 1992 Trust, a revocable living trust. The Reporting Person, as co-trustee and co-beneficiary of such trust is deemed to beneficially own the Issuer's securities held by such trust.
- [F2]Held by the 1992 Farinsky Trust, a revocable living trust.
- [F3]The securities awarded on 06/19/2008 are 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 upon the vesting of that unit. The restricted stock units will vest, and the underlying shares will be concurrently issued, in a series of four successive equal quarterly installments over the Reporting Person's period of service as a member of the Issuer's Board of Directors as follows: (i) the first three such quarterly vesting dates shall occur on 08/05/2008, 11/05/2008, 02/05/2009 and (ii) the final quarterly vesting date shall occur upon the Reporting Person's continuation in Board service through the earlier of 05/05/2009 or the day immediately preceding the date of the Broadcom Corporation 2009 Annual Meeting of Shareholders.
- [F4]The securities were awarded in an exempt transaction pursuant to SEC Rule 16b-3(d).
- [F5]Includes (i) 15,250 shares that are held as Class A common stock by the Farinsky 1992 Trust and (ii) 11,022 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.