Mark Brazeal - 15 Dec 2021 Form 4 Insider Report for Broadcom Inc. (AVGO)

Role
Chief Legal & Corp Affairs Ofc
Signature
/s/ Noelle Matteson, Attorney-in-Fact for Mark Brazeal
Issuer symbol
AVGO
Transactions as of
15 Dec 2021
Transactions value $
-$238,028
Form type
4
Filing time
17 Dec 2021, 20:18:59 UTC
Previous filing
29 Sep 2021
Next filing
04 Mar 2022
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 +8K +29.91% $0.00 34.8K 15 Dec 2021 Direct F1, F2
transaction AVGO Common Stock, $0.001 par value Tax liability -$238K -372 -1.07% $639.86 34.4K 15 Dec 2021 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of Restricted Stock Units ("RSUs") granted pursuant to the Broadcom Inc. 2012 Stock Incentive Plan, as amended and restated. Upon vesting thereof, the Reporting Person is entitled to one (1) share of common stock for each one (1) RSU. The RSUs vest as to 25% of the shares subject thereto on each annual anniversary of December 15, 2021, subject to continued service with the Issuer.
F2 Represents 34,750 RSUs.
F3 Consists of shares withheld by the Issuer to satisfy the tax withholding obligations of the Reporting Person upon the vesting of the relevant RSUs previously granted to the Reporting Person.
F4 Includes 34,000 RSUs.