Henry Samueli - Mar 2, 2022 Form 4 Insider Report for Broadcom Inc. (AVGO)

Role
Director
Signature
/s/ Noelle Matteson, Attorney-in-Fact for Henry S. Samueli
Stock symbol
AVGO
Transactions as of
Mar 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/4/2022, 04:05 PM
Previous filing
Jan 11, 2022
Next filing
Apr 1, 2022

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 +2.5K +0.94% $0.00 269K Mar 2, 2022 Direct F1, F2
holding AVGO Common Stock, $0.001 par value 4.19M Mar 2, 2022 See Footnote F3
holding AVGO Common Stock, $0.001 par value 1.23M Mar 2, 2022 See Footnote F4
holding AVGO Common Stock, $0.001 par value 2.89M Mar 2, 2022 See Footnote F5
holding AVGO Common Stock, $0.001 par value 460K Mar 2, 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.