Sec Form 4 Filing - Maslowski Anthony E. @ Avago Technologies LTD - 2013-09-11

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Maslowski Anthony E.
2. Issuer Name and Ticker or Trading Symbol
Avago Technologies LTD [ AVGO]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
C/O AVAGO TECHNOLOGIES U.S. INC., 350 WEST TRIMBLE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
09/11/2013
(Street)
SAN JOSE, CA95131
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Ordinary Shares 09/11/2013 M 5,000 A $ 20.08 74,501 ( 1 ) D
Ordinary Shares 09/11/2013 S 5,000 D $ 38.9269 ( 2 ) 69,501 ( 1 ) D
Ordinary Shares 09/12/2013 S( 3 ) 1,264 D $ 38.9728 ( 4 ) 68,237 ( 1 ) 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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Options (right to buy) $ 39.25 09/11/2013 A 90,000 ( 5 ) 09/10/2020 Ordinary Shares 90,000 $ 0 90,000 D
Stock Options (right to buy) $ 20.08 09/11/2013 M 5,000 ( 6 ) 09/07/2020 Ordinary Shares 5,000 $ 0 15,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Maslowski Anthony E.
C/O AVAGO TECHNOLOGIES U.S. INC.
350 WEST TRIMBLE ROAD
SAN JOSE, CA95131
Chief Financial Officer
Signatures
/s/ Patricia McCall, Attorney-in-Fact for Anthony Maslowski 09/13/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Includes 61,668 restricted share units ("RSUs")
( 2 )Transaction executed in multiple trades at prices ranging from $38.78 to $39.17 per share, inclusive. The price reported in column 4 above reflects the weighted average sale price per share. The Reporting Person hereby undertakes to provide the SEC staff, the Issuer or a security holder of the Issuer, upon request, full information regarding the number of shares sold at each respective price within the range set forth in this footnote.
( 3 )Transaction effected pursuant to an irrevocable election by the Reporting Person, dated June 18, 2013, to sell sufficient shares to cover the amount of withholding taxes due upon vesting of RSUs.
( 4 )Transaction executed in two trades of 100 shares at $38.97 per share and 1,164 shares at $38.973 per share. The price reported in column 4 above reflects the weighted average sale price per share.
( 5 )Share price performance option (the "Option") granted pursuant to the Avago Technologies Limited 2009 Equity Incentive Award Plan. The Option vests over four years, with 25% vesting on each anniversary of the date of grant. The Option will not be exercisable until the date on which the average of the closing prices of the Company's ordinary shares (as reported on the stock exchange on which the shares are listed), over a ten consecutive trading day period is equal to or greater than 120% of the exercise price of Option.
( 6 )The remaining portion of the option vests in full on September 8, 2014.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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