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Form 4 BROADCOM CORP For: Jun 25 Filed by: HURLSTON MICHAEL E.

June 29, 2015 7:48 PM EDT
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
HURLSTON MICHAEL E.

(Last) (First) (Middle)
5300 CALIFORNIA AVENUE

(Street)
IRVINE CA 92617

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BROADCOM CORP [ BRCM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Worldwide Sales
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock 06/25/2015   M   5,000 A $ 29.39 307,382 D  
Class A common stock 06/25/2015   M   3,750 A $ 29.39 311,132 D  
Class A common stock 06/25/2015   M   1,093 A $ 23.17 312,225 D  
Class A common stock 06/25/2015   M   2,500 A $ 27.74 314,725 D  
Class A common stock 06/25/2015   M   1,250 A $ 32.93 315,975 D  
Class A common stock 06/25/2015   S (1)   13,593 D $ 53.1921 (2) 302,382 (3) D  
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee stock option (right to buy) $ 29.39 06/25/2015   M     5,000   (4) 02/04/2020 Class A common stock 5,000 $ 0 8,296 D  
Employee stock option (right to buy) $ 29.39 06/25/2015   M     3,750   (4) 02/04/2020 Class A common stock 3,750 $ 0 5,516 D  
Employee stock option (right to buy) $ 23.17 06/25/2015   M     1,093   (4) 04/27/2019 Class A common stock 1,093 $ 0 0 D  
Employee stock option (right to buy) $ 27.74 06/25/2015   M     2,500   (4) 04/23/2018 Class A common stock 2,500 $ 0 4,650 D  
Employee stock option (right to buy) $ 32.93 06/25/2015   M     1,250   (4) 05/02/2017 Class A common stock 1,250 $ 0 1,734 D  
Explanation of Responses:
1. The shares covered by this Form 4 are being sold pursuant to a Rule 10b5-1 Sales Plan, which is intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
2. Such transaction was executed in multiple trades at prices ranging from $52.72 to $53.56. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
3. Includes (i) 45,207 shares that are held as Class A common stock and (ii) 257,175 shares in the form of restricted stock units that will entitle the Reporting Person to receive one share of Class A common stock per restricted stock unit.
4. All shares subject to such option are fully vested and immediately exercisable.
/s/ Michael E. Hurlston 06/29/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.


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