0001054374-16-000142.txt : 20160203
0001054374-16-000142.hdr.sgml : 20160203
20160203190622
ACCESSION NUMBER: 0001054374-16-000142
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160201
FILED AS OF DATE: 20160203
DATE AS OF CHANGE: 20160203
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: BROADCOM CORP
CENTRAL INDEX KEY: 0001054374
STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674]
IRS NUMBER: 330480482
STATE OF INCORPORATION: CA
FISCAL YEAR END: 1030
BUSINESS ADDRESS:
STREET 1: 5300 CALIFORNIA AVENUE
CITY: IRVINE
STATE: CA
ZIP: 92617-3038
BUSINESS PHONE: 949 926 5000
MAIL ADDRESS:
STREET 1: 5300 CALIFORNIA AVENUE
CITY: IRVINE
STATE: CA
ZIP: 92617-3038
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BRANDT ERIC
CENTRAL INDEX KEY: 0001190639
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-23993
FILM NUMBER: 161386402
MAIL ADDRESS:
STREET 1: 5300 CALIFORNIA AVENUE
CITY: IRVINE
STATE: CA
ZIP: 92617
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-02-01
1
0001054374
BROADCOM CORP
BRCM
0001190639
BRANDT ERIC
5300 CALIFORNIA AVENUE
IRVINE
CA
92617
0
1
0
0
Former EVP & CFO
Class A common stock
2016-02-01
4
D
0
491364
D
0
D
Includes 152,252 shares of Class A Common Stock and 339,112 restricted stock units that were disposed of pursuant to the Agreement and Plan of Merger, dated as of May 28, 2015 (the "Merger Agreement"), by and among Avago Technologies Limited ("Avago"), Pavonia Limited ("Holdco"), Safari Cayman, L.P. ("Holdco LP"), the Issuer and the other parties thereto, whereby the Issuer became an indirect subsidiary of Holdco and Holdco LP upon the merger of certain indirect subsidiaries of Holdco and Holdco LP with and into the Issuer, with the Issuer continuing as the surviving corporation of each such merger (such mergers, the "Transactions").
At the effective time of the Transactions, each share of Broadcom common stock (each, a "Broadcom Common Share") was converted into the right to receive, at the election of the holder of such Broadcom Common Share, and subject to proration in accordance with the Merger Agreement, (i) $54.50 in cash, (ii) 0.4378 freely-tradeable ordinary shares of Holdco ("Holdco Ordinary Shares"), or (iii) 0.4378 limited partnership units of Holdco LP, that are designed to be the economic equivalent of 0.4378 ordinary shares of Holdco. As of the close of trading on February 1, 2016, the market price of Holdco Ordinary Shares was $137.68 per share.
Vested restricted stock units were cancelled pursuant to the Merger Agreement, in exchange for which the holder received an amount in cash equal to the product of (i) the total number of Broadcom Common Shares subject to such restricted stock units multiplied by (ii) $54.5176, which is the sum of (A) $27.25 and (B) 0.2189 times $124.5664.
/s/ Eric K. Brandt
2016-02-01