Hock Tan - Oct 31, 2022 Form 4 Insider Report for Broadcom Inc. (AVGO)

Role: President and CEO, Director
Signature: /s/ Noelle Matteson, Attorney-in-Fact for Hock E. Tan
Stock symbol: AVGO
Transactions as of: Oct 31, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/2/2022, 08:11 PM
Previous filing: Nov 12, 2021
Next filing: Nov 15, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AVGO	Common Stock, $0.001 par value	Gift	$0	-48K	-14.34%	$0.00	287K	Jan 4, 2022	Direct	F1
transaction	AVGO	Common Stock, $0.001 par value	Gift	$0	-20K	-6.98%	$0.00	267K	Mar 23, 2022	Direct	F1
transaction	AVGO	Common Stock, $0.001 par value	Gift	$0	-16K	-6%	$0.00	251K	Mar 25, 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	AVGO	Stock Price Performance Stock Unit	Award	$0	+1M		$0.00	1M	Oct 31, 2022	Common Stock, $0.001 par value	1M	$0.00	Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Charitable gift.
F2	Stock price performance stock unit award (the "PSU") granted pursuant to the Broadcom Inc. 2012 Stock Incentive Plan. Subject to the terms and conditions of the PSU agreement, the PSU vests on October 31, 2027. The number of shares that may be earned is based on achieving pre-set price hurdles (the "Price Contingency"). No portion of the PSU will be earned unless the consecutive 20-trading days closing price average of the Issuer's common stock meets or exceeds the Price Contingency during the period beginning after the third anniversary of the grant date and concluding on the fifth anniversary of the grant date.
F3	If the Price Contingency is not met on or prior to the fifth anniversary of the grant date or such earlier date as provided in the PSU agreement, all PSUs will immediately be forfeited.