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Filing Details

Accession Number:: 0001181431-10-061763
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-12-14 20:49:24
Reporting Period:: 2010-12-10

Filing Date:: 2010-12-14
Accepted Time:: 2010-12-14 20:49:24
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	Director	Officer	Large Shareholder	Other
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

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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	2010-12-10	9,228,942	$25.00	43,370,120	No	4	S	Indirect	Held through Bali Investments S.??r.l. and Silver Lake Partners II Cayman, L.P.
Ordinary Shares, No Par Value	Disposition	2010-12-10	115,000	$0.00	43,255,120	No	4	J	Indirect	Held through Bali Investments S.??r.l. and Silver Lake Partners II Cayman, L.P.
Ordinary Shares, No Par Value	Disposition	2010-12-10	26,564	$25.00	122,971	No	4	S	Indirect	Held through Bali Investments S.??r.l. and Silver Lake Technology Investors II Cayman, L.P.
Ordinary Shares, No Par Value	Disposition	2010-12-10	1,442,903	$25.00	6,679,510	No	4	S	Indirect	Held through Bali Investments S.??r.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.??r.l. and Silver Lake Partners II Cayman, L.P.
No	4	J	Indirect	Held through Bali Investments S.??r.l. and Silver Lake Partners II Cayman, L.P.
No	4	S	Indirect	Held through Bali Investments S.??r.l. and Silver Lake Technology Investors II Cayman, L.P.
No	4	S	Indirect	Held through Bali Investments S.??r.l. and Avago Investment Partners, Limited Partnership

Footnotes

Bali Investments S.??r.l. ("Bali") holds 95,135,969 ordinary shares, or 39.4%, of Avago Technologies Limited ("Avago") based on 241,589,163 ordinary shares outstanding as of December 10, 2010. Bali, certain funds affiliated with Kohlberg Kravis Roberts & Co. L.P. ("KKR"), certain funds affiliated with Silver Lake Partners ("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 is a member of a group with respect to the ordinary shares of Avago directly or indirectly owned by such persons. Certain affiliates of Silver Lake collectively have the right under the shareholders agreement to nominate up to three directors of Avago.
The shareholders of Bali include funds affiliated with KKR and funds affiliated with Silver Lake. Each such person is a member of a group with respect to the ordinary shares of Avago held by Bali. Each such person, other than Bali, disclaims beneficial ownership of these securities, except to the extent of its pecuniary interest therein.
Silver Lake Partners II Cayman, L.P. ("Partners II"), as a shareholder of Bali, may be deemed to indirectly own 43,255,120 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.
Silver Lake Technology Investors II Cayman, L.P. ("Investors II"), as a shareholder of Bali, may be deemed to indirectly own 122,971 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.
Avago Investment Partners, Limited Partnership ("AIP"), as a shareholder of Bali, may be deemed to indirectly own 6,679,510 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.
115,000 ordinary shares of Avago were distributed by Bali through Partners II and Silver Lake Technology Associates II Cayman, L.P., the general partner of Partners II, as a payment-in-kind distribution to certain partners of Silver Lake Technology Associates II Cayman, L.P. for the sole purpose of charitable giving.
Messrs. James A. Davidson and Kenneth Y. Hao, 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.
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.