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

Role
VP CFO & Chief Accounting Ofcr
Signature
/s/ Noelle Matteson, Attorney-in-Fact for Kirsten M. Spears
Stock symbol
AVGO
Transactions as of
Mar 2, 2022
Transactions value $
$0
Form type
4
Date filed
3/4/2022, 04:15 PM
Previous filing
Dec 23, 2021
Next filing
Mar 17, 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 +3.25K +9.71% $0.00 36.7K Mar 2, 2022 Direct F1, F2
transaction AVGO Common Stock, $0.001 par value Award $0 +1.56K +4.25% $0.00 38.3K Mar 2, 2022 Direct F3, F4
transaction AVGO Common Stock, $0.001 par value Award $0 +1.56K +4.08% $0.00 39.8K Mar 2, 2022 Direct F5, F6
transaction AVGO Common Stock, $0.001 par value Award $0 +1.56K +3.92% $0.00 41.4K Mar 2, 2022 Direct F7, F8
transaction AVGO Common Stock, $0.001 par value Award $0 +6.25K +15.1% $0.00 47.6K Mar 2, 2022 Direct F9, F10
* 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 ("TSR") relative to the S&P 500 Index, and the number of restricted stock units ("RSUs") that will vest with respect to the second of four performance periods pursuant to the terms of a performance stock unit award ("PSU award") granted on December 15, 2020, under the LSI Corporation 2003 Equity Incentive Plan. The RSUs are subject to time-based vesting conditions and will vest in full on December 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 34,561 RSUs.
F3 On March 2, 2022, the Compensation Committee of the Issuer determined the achievement of certain performance criteria, based on the Issuer's TSR relative to the S&P 500 Index, and the number of RSUs that will vest with respect to the first of four performance periods pursuant to the terms of a PSU award granted on January 15, 2019, under the Avago Technologies Limited 2009 Equity Incentive Award Plan ("2009 Avago 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.
F4 Includes 36,123 RSUs.
F5 On March 2, 2022, the Compensation Committee of the Issuer determined the achievement of certain performance criteria, based on the Issuer's TSR relative to the S&P 500 Index, and the number of RSUs that will vest with respect to the second of four performance periods pursuant to the terms of a PSU award granted on January 15, 2019, under the 2009 Avago 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.
F6 Includes 37,685 RSUs.
F7 On March 2, 2022, the Compensation Committee of the Issuer determined the achievement of certain performance criteria, based on the Issuer's TSR relative to the S&P 500 Index, and the number of RSUs that will vest with respect to the third of four performance periods pursuant to the terms of a PSU award granted on January 15, 2019 under the 2009 Avago 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.
F8 Includes 39,247 RSUs.
F9 On March 2, 2022, the Compensation Committee of the Issuer determined the achievement of certain performance criteria, based on the Issuer's TSR relative to the S&P 500 Index, and the number of RSUs that will vest with respect to the fourth and final performance period pursuant to the terms of a PSU award granted on March 15, 2018, under the 2009 Avago 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.
F10 Includes 45,497 RSUs.