Sec Form 4 Filing - Bettinger Douglas R @ Avago Technologies LTD - 2012-08-30

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
Bettinger Douglas R
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)
SVP & Chief Financial Officer
(Last) (First) (Middle)
C/O AVAGO TECHNOLOGIES US INC., 350 WEST TRIMBLE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
08/30/2012
(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 08/30/2012 M( 1 ) 30,000 A $ 10.68 56,260 D
Ordinary Shares 08/30/2012 M( 1 ) 30,000 A $ 10.68 86,260 D
Ordinary Shares 08/30/2012 M( 1 ) 25,000 A $ 15 111,260 D
Ordinary Shares 08/30/2012 S( 1 ) 30,000 D $ 35.9912 ( 2 ) 81,260 D
Ordinary Shares 08/30/2012 S( 1 ) 30,000 D $ 35.9912 ( 2 ) 51,260 D
Ordinary Shares 08/30/2012 S( 1 ) 25,000 D $ 35.9912 ( 2 ) 26,260 D
Ordinary Shares 5,543 I By Trust ( 3 )
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
Employee Stock Options (Right to Buy) $ 10.68 08/30/2012 M( 1 ) 30,000 ( 4 ) 08/03/2018 Ordinary Shares 30,000 $ 0 90,000 D
Employee Stock Options (Right to Buy) $ 10.68 08/30/2012 M( 1 ) 30,000 ( 5 ) 08/03/2018 Ordinary Shares 30,000 $ 0 30,000 D
Employee Stock Options (Right to Buy) $ 15 08/30/2012 M( 1 ) 25,000 ( 6 ) 08/04/2019 Ordinary Shares 25,000 $ 0 25,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bettinger Douglas R
C/O AVAGO TECHNOLOGIES US INC.
350 WEST TRIMBLE ROAD
SAN JOSE, CA95131
SVP & Chief Financial Officer
Signatures
/s/ Patricia H. McCall, Attorney-in-Fact for Douglas Bettinger 08/31/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 31, 2012.
( 2 )Transaction executed in multiple trades at prices ranging from $35.85 to $36.43 per share. The price reported in Column 4 above reflects the weighted average sale price. 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 )Shares held by Douglas R. Bettinger as Trustee for the Bettinger Family Trust, dated June 6, 2007
( 4 )After completion of the transaction reported on this Form 4, the remaining 90,000 shares subject to this option will vest with respect to 30,000 shares on August 4 of each of 2013, 2014, and 2015.
( 5 )After completion of the transaction reported on this Form 4, the remaining 30,000 shares subject to this option will vest on August 4, 2013.
( 6 )After completion of the transaction reported on this Form 4, the remaining 25,000 shares subject to this option will vest on August 5, 2013.

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