Filing Details

Accession Number:
0001209191-10-006174
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-02-02 12:00:00
Reporting Period:
2010-02-02
Filing Date:
2010-02-02
Accepted Time:
2010-02-02 17:18:02
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1441634 Avago Technologies Ltd AVGO Semiconductors & Related Devices (3674) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1180451 R John Joyce C/O Silver Lake Partners,
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
Yes No No No
1181728 James Davidson C/O Silver Lake Partners,
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
Yes No No No
1415357 Kenneth Hao C/O Silver Lake Partners,
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
Yes No No No
1469577 Silver Lake Partners Ii Cayman Lp C/O Silver Lake Partners,
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1469578 Silver Lake Technology Associates Ii Cayman Lp C/O Silver Lake Partners,
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1469579 Silver Lake Technology Investors Ii Cayman Lp C/O Silver Lake Partners,
2775 Sand Hill Road, Suite 100
Menlo Park CA 94025
No No Yes No
1469611 Ltd Ii Gp Aiv (Offshore) Lake Silver C/O Silver Lake Partners,
2775 Sand Hill Road,Suite 100
Menlo Park CA 94025
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Ordinary Shares, No Par Value Disposition 2010-02-02 8,861,640 $17.41 59,463,087 No 4 S Indirect Held through Bali Investments S.ar.l. and Silver Lake Partners II Cayman, L.P.
Ordinary Shares, No Par Value Disposition 2010-02-02 25,192 $17.41 169,047 No 4 S Indirect Held through Bali Investments S.ar.l. and Silver Lake Technology Investors II Cayman, L.P.
Ordinary Shares, No Par Value Disposition 2010-02-02 1,368,426 $17.41 9,182,364 No 4 S Indirect Held through Bali Investments S.ar.l. and Avago Investment Partners, Limited Partnership
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Held through Bali Investments S.ar.l. and Silver Lake Partners II Cayman, L.P.
No 4 S Indirect Held through Bali Investments S.ar.l. and Silver Lake Technology Investors II Cayman, L.P.
No 4 S Indirect Held through Bali Investments S.ar.l. and Avago Investment Partners, Limited Partnership
Footnotes
  1. Bali Investments S.ar.l. ("Bali") holds 130,784,016 ordinary shares, or 55.4%, of Avago Technologies Limited ("Avago") based on 236,053,966 ordinary shares outstanding as of January 10, 2010. The shareholders of Bali include overseas investment funds affiliated with Kohlberg Kravis Roberts & Co. L.P. ("KKR") and funds affiliated with Silver Lake Partners ("Silver Lake"). Each such person may be deemed to be a member of a group with respect to the ordinary shares of Avago held by Bali. However, each such person disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein.
  2. Bali, certain affiliates of KKR, certain affiliates of Silver Lake, Seletar Investments Pte Ltd and Geyser Investment Pte Ltd are parties to a shareholders agreement with respect to the ordinary shares of Avago, and solely as a result of which each such person may be deemed to be a member of a group with respect to the ordinary shares of Avago directly or indirectly owned by such persons. However, each such person disclaims membership in any such group and disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein. Certain affiliates of Silver Lake collectively have the right under the shareholders agreement to nominate up to three directors of Avago.
  3. Silver Lake Partners II Cayman, L.P. ("Partners II"), as a shareholder of Bali, may be deemed to indirectly own 59,463,087 ordinary shares of Avago. As the sole general partner of Partners II, Silver Lake Technology Associates II Cayman, L.P. may be deemed to share voting and dispositive power with respect to the ordinary shares of Avago indirectly owned by Partners II. As the sole general partner of Silver Lake Technology Associates II Cayman, L.P., Silver Lake (Offshore) AIV GP II, Ltd. may be deemed to share voting and dispositive power with respect to the ordinary shares of Avago indirectly owned by Partners II. Silver Lake Technology Associates II Cayman, L.P. and Silver Lake (Offshore) AIV GP II, Ltd. disclaim beneficial ownership of such securities, except to the extent of their pecuniary interest.
  4. Silver Lake Technology Investors II Cayman, L.P. ("Investors II"), as a shareholder of Bali, may be deemed to indirectly own 169,047 ordinary shares of Avago. As the sole general partner of Investors II, Silver Lake (Offshore) AIV GP II, Ltd. may be deemed to share voting and dispositive power with respect to the ordinary shares of Avago indirectly owned by Investors II. Silver Lake (Offshore) AIV GP II, Ltd. disclaims beneficial ownership of such securities, except to the extent of its pecuniary interest.
  5. Avago Investment Partners, Limited Partnership ("AIP"), as a shareholder of Bali, may be deemed to indirectly own 9,182,364 ordinary shares of Avago. As the sole general partner of AIP, Avago Investment G.P., Limited may be deemed to share voting and dispositive power with respect to the ordinary shares of Avago indirectly owned by AIP. As a member of Avago Investment G.P., Limited, Silver Lake (Offshore) AIV GP II, Ltd. may be deemed to share voting and dispositive power with respect to the ordinary shares of Avago indirectly owned by AIP. Avago Investment G.P., Limited and Silver Lake (Offshore) AIV GP II, Ltd. disclaim beneficial ownership of such securities, except to the extent of their pecuniary interest.
  6. Messrs. James A. Davidson, Kenneth Y. Hao and John R. Joyce, each of whom serves as a director of Avago, also serve as directors of Silver Lake (Offshore) AIV GP II, Ltd. and may be deemed to share voting and dispositive power with respect to any shares beneficially owned by Silver Lake (Offshore) AIV GP II, Ltd. but disclaim beneficial ownership of such shares, except to the extent of their pecuniary interest therein.
  7. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, any of the Reporting Persons is the beneficial owner of all such equity securities covered by this statement.