Avago Technologies LTD 4
4 · Avago Technologies LTD · Filed Dec 12, 2013
Insider Transaction Report
Form 4
MARKS PETER J
Director
Transactions
- Award
Stock Options (right to buy)
2013-12-10+23,474→ 23,474 totalExercise: $46.60Exp: 2018-12-09→ Ordinary Shares (23,474 underlying) - Award
Ordinary Shares
2013-12-10+7,825→ 7,825 total
Footnotes (2)
- [F1]Grant of restricted share units ("RSUs") pursuant to the Avago Technologies Limited 2009 Equity Incentive Award Plan (the "Plan"). Upon vesting thereof, the Reporting Person is entitled to receive one (1) ordinary share for each one (1) RSU. The RSUs vest over 3 years, with 33.333% vesting on each of the first three anniversaries of December 10, 2013, so that the RSUs will be vested in full on December 10, 2016, subject to the Reporting Person's continuing service on each vesting date.
- [F2]Grant of option to purchase ordinary shares pursuant to the Plan. The option vests over 3 years, with 33.333% vesting on each of the first three anniversaries of December 10, 2013, so that the option will be vested in full on December 10, 2016, subject to the Reporting Person's continuing service on each vesting date.