HENRY SAMUELI - 02 Mar 2022 Form 4 Insider Report for Broadcom Inc. (AVGO)

Role
Director
Signature
/s/ Noelle Matteson, Attorney-in-Fact for Henry S. Samueli
Issuer symbol
AVGO
Transactions as of
02 Mar 2022
Net transactions value
$0
Form type
4
Filing time
04 Mar 2022, 16:05:36 UTC
Previous filing
11 Jan 2022
Next filing
01 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AVGO Common Stock, $0.001 par value Award $0 +2,500 +0.94% $0.000000 269,207 02 Mar 2022 Direct F1, F2
holding AVGO Common Stock, $0.001 par value 4,189,608 02 Mar 2022 See Footnote F3
holding AVGO Common Stock, $0.001 par value 1,227,203 02 Mar 2022 See Footnote F4
holding AVGO Common Stock, $0.001 par value 2,893,512 02 Mar 2022 See Footnote F5
holding AVGO Common Stock, $0.001 par value 459,690 02 Mar 2022 See Footnote F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 2, 2022, the Compensation Committee of the Issuer determined the achievement of certain performance criteria, based on the Issuer's compound annual total stockholder return relative to the S&P 500 Index, and the number of restricted stock units ("RSUs") that will vest with respect to the fourth and final performance period pursuant to the terms of a performance stock unit award granted on March 15, 2018, under the Broadcom Corporation 2012 Stock Incentive Plan. The RSUs are subject to time-based vesting conditions and will vest in full on March 15, 2022, subject to the Reporting Person's continued service through such date. Upon vesting thereof, the Reporting Person is entitled to one (1) share of common stock for each one (1) RSU.
F2 Includes 3,000 RSUs.
F3 Directly held by D95GT LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F4 Directly held by E95GT LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F5 Directly held by H&S Investments I L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
F6 Directly held by H&S Portfolio II L.P. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.