HOCK E. TAN - 11 Nov 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
Issuer symbol
AVGO
Transactions as of
11 Nov 2022
Net transactions value
-$4,714,619
Form type
4
Filing time
15 Nov 2022, 16:28:00 UTC
Previous filing
02 Nov 2022
Next filing
20 Mar 2023
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 +18,937 +7.6% $0.000000 269,614 11 Nov 2022 Direct F1
transaction AVGO Common Stock, $0.001 par value Tax liability $4,714,619 -9,100 -3.4% $518.09 260,514 14 Nov 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.