Hock Tan - Nov 11, 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
Nov 11, 2022
Transactions value $
-$4,714,619
Form type
4
Date filed
11/15/2022, 04:28 PM
Previous filing
Nov 2, 2022
Next filing
Mar 20, 2023

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 +18.9K +7.55% $0.00 270K Nov 11, 2022 Direct F1
transaction AVGO Common Stock, $0.001 par value Tax liability -$4.71M -9.1K -3.38% $518.09 261K Nov 14, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 11, 2022, the independent members of the Issuer's Board of Directors determined the achievement of all required performance goals and the number of shares of common stock earned and issuable pursuant to the terms of a strategic performance stock unit award granted on November 1, 2021 (the "2021 Award") under the Broadcom Inc. 2012 Stock Incentive Plan, as amended and restated.
F2 Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person upon the vesting of the 2021 Award.