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Filing Details

Accession Number:: 0001649338-16-000013
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2016-03-03 17:58:49
Reporting Period:: 2016-03-01

Filing Date:: 2016-03-03
Accepted Time:: 2016-03-03 17:58:49
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1649338	Broadcom Ltd	AVGO	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1201633	Henry Samueli	C/O Avago Technologies Us Inc. 1320 Ridder Park Drive San Jose CA 95131	Chief Technical Officer	Yes	Yes	No	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	2016-03-01	9,059	$136.29	223,311	No	4	S	Direct
Ordinary Shares, No Par Value	Acquisiton	2016-03-01	11,588	$0.00	234,899	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	A	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Ordinary Shares, No Par Value	Performance Based Restricted Stock Units	Acquisiton	2016-03-01	11,588	$0.00	11,588	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
11,588			No	4	A	Direct

Footnotes

Shares sold by the Reporting Person pursuant to mandatory sale provisions of the relevant Restricted Share Unit ("RSU") grant requiring the sale of sufficient shares to cover withholding taxes due upon vesting of RSUs.
Award approved on March 1, 2016 with an effective grant date of March 15, 2016 (the "Grant Date").
Grant of RSUs pursuant to the Broadcom Corporation 2012 Stock Incentive Plan (the "Broadcom Corporation Plan"). Upon vesting thereof, the Reporting Person is entitled to one (1) Ordinary Share for each one (1) RSU. The RSUs vest as to 25% of the shares subject thereto on each annual anniversary of March 15, 2016.
Includes 224,303 Restricted Share Units.
Share price performance RSU (the "Performance RSU") granted pursuant to the Broadcom Corporation Plan. The Performance RSU vests over four years, with the vesting period commencing on the Grant Date, with 25% vesting on each anniversary of the Grant Date. However, no portion of the Performance RSU shall vest unless and until the average of the per share closing prices of the Company's ordinary shares (as reported on the stock exchange on which the shares are listed), over a twenty consecutive trading day period is equal to or greater than 120% of the fair market value of a Company's ordinary share on the Grant Date (the "Price Contingency").
In the event that the Price Contingency is not met on or prior to the earlier of the fourth anniversary of the Grant Date or the Reporting Person's termination of services with the Issuer, all Performance RSUs subject to the award which have not previously vested shall immediately be forfeited.