MORROW WILLIAM T 4
4 · BROADCOM CORP · Filed May 16, 2012
Insider Transaction Report
Form 4
BROADCOM CORPBRCM
MORROW WILLIAM T
Director
Transactions
- Award
Class A common stock
2012-05-15+9,053→ 18,889 total
Footnotes (3)
- [F1]The securities awarded on 05/15/2012 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 08/05/2012, 11/05/2012, 02/05/2013 and (ii) the final quarterly vesting date shall occur upon the Reporting Person's continuation in Board service through the earlier of 05/05/2013 or the day immediately preceding the date of the Broadcom Corporation 2013 Annual Meeting of Shareholders.
- [F2]The securities were awarded in an exempt transaction pursuant to SEC Rule 16b-3(d).
- [F3]Includes (i) 9,836 shares that are held as Class A common stock and (ii) 9,053 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.