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Broadcom Inc. — Director's Dealing 2019
Jun 21, 2019
29739_dirs_2019-06-21_6c62f5b4-0187-4aa3-9624-dca0868ffecf.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Broadcom Inc. (AVGO)
CIK: 0001730168
Period of Report: 2019-06-19
Reporting Person: TAN HOCK E (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-06-19 | Common Stock, $0.001 par value | A | 233568 | — | Acquired | 342656 | Direct |
| 2019-06-20 | Common Stock, $0.001 par value | F | 115804 | $265.93 | Disposed | 226852 | Direct |
Footnotes
F1: On June 19, 2019, the independent members of the Issuer's Board of Directors determined the achievement of certain performance criteria, based on the Issuer's total stockholder return relative to the S&P 500 Index and the Issuer's share price growth, in each case, over a three-year performance period, and the number of restricted stock units ("RSUs") that were issuable pursuant to the terms of a performance stock unit award granted on June 15, 2016 (the "2016 Award") under the Avago Technologies Limited 2009 Equity Incentive Award Plan. The Reporting Person received one (1) share of common stock for each one (1) RSU.
F2: Includes 3,004 RSUs.
F3: Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person upon the vesting of the 2016 Award.