Sec Form 4 Filing - Ingram Bryan @ Avago Technologies LTD - 2014-03-12

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
Ingram Bryan
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 & COO
(Last) (First) (Middle)
C/O AVAGO TECHNOLOGIES US INC., 350 WEST TRIMBLE ROAD
3. Date of Earliest Transaction (MM/DD/YY)
03/12/2014
(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 03/12/2014 M 12,000 ( 1 ) A $ 10 168,667 D
Ordinary Shares 03/12/2014 M 75,000 ( 1 ) A $ 32.39 243,667 D
Ordinary Shares 03/12/2014 M 20,000 ( 1 ) A $ 35.45 263,667 D
Ordinary Shares 03/12/2014 S 2,293 ( 1 ) D $ 61.2719 ( 2 ) 261,374 D
Ordinary Shares 03/12/2014 S 2,925 ( 1 ) D $ 62.0899 ( 3 ) 258,449 D
Ordinary Shares 03/12/2014 S 6,782 ( 1 ) D $ 62.9775 ( 4 ) 251,667 D
Ordinary Shares 03/12/2014 S 12,900 ( 1 ) D $ 61.1849 ( 5 ) 238,767 D
Ordinary Shares 03/12/2014 S 17,657 ( 1 ) D $ 61.9987 ( 6 ) 221,110 D
Ordinary Shares 03/12/2014 S 44,443 ( 1 ) D $ 62.9551 ( 7 ) 176,667 D
Ordinary Shares 03/12/2014 S 20,000 ( 1 ) D $ 63.0941 156,667 D
Ordinary Shares 03/13/2014 S 10,315 ( 8 ) D $ 64.4223 ( 9 ) 146,352 D
Ordinary Shares 03/13/2014 S 3,360 ( 8 ) D $ 64.3391 ( 10 ) 142,992 D
Ordinary Shares 03/13/2014 S 11,692 ( 1 ) D $ 62.756 ( 11 ) 131,300 D
Ordinary Shares 03/13/2014 S 6,300 ( 1 ) D $ 63.768 ( 12 ) 125,000 ( 13 ) 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
Employee Stock Options (right to buy) $ 10 03/12/2014 M 12,000 ( 1 ) ( 14 ) 03/02/2019 Ordinary Shares 12,000 $ 0 0 D
Employee Stock Options (right to buy) $ 32.39 03/12/2014 M 75,000 ( 1 ) ( 15 ) 03/07/2018 Ordinary Shares 75,000 $ 0 75,000 D
Employee Stock Options (right to buy) $ 35.45 03/12/2014 M 20,000 ( 1 ) ( 16 ) 03/11/2020 Ordinary Shares 20,000 $ 0 60,000 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ingram Bryan
C/O AVAGO TECHNOLOGIES US INC.
350 WEST TRIMBLE ROAD
SAN JOSE, CA95131
SVP & COO
Signatures
/s/Patricia H. McCall, Attorney-in-Fact for Bryan Ingram 03/14/2014
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Transaction effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 28, 2013.
( 2 )Transaction executed in multiple trades at prices ranging from $60.52 to $61.51 per share, inclusive. 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 )Transaction executed in multiple trades at prices ranging from $61.57 to $62.54 per share, inclusive. 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.
( 4 )Transaction executed in multiple trades at prices ranging from $62.60 to $63.23 per share, inclusive. 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.
( 5 )These transaction executed in multiple trades at prices ranging from $60.46 to $61.45 per share, inclusive. 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.
( 6 )Transaction executed in multiple trades at prices ranging from $61.467 to $62.46 per share, inclusive. 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.
( 7 )Transaction executed in multiple trades at prices ranging from $62.47 to $63.23 per share, inclusive. 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.
( 8 )Represents a portion of the aggregate 13,675 shares sold by the Reporting Person to cover withholding taxes due upon vesting of restricted shares units ("RSUs") of which 3,360 shares were sold pursuant to an irrevocable election of the Reporting Person, dated June 10, 2013, and 10,315 shares were sold pursuant to mandatory sale provisions of the relevant RSU grant, in each case to sell sufficient shares to cover such withholding taxes.
( 9 )Transaction executed in multiple trades at prices ranging from $64.42 to $64.44 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.
( 10 )Transaction executed in multiple trades at prices ranging from $64.3377 to $64.34 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.
( 11 )Transaction executed in multiple trades at prices ranging from $62.40 to $63.36 per share, inclusive. 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.
( 12 )Transactions executed in multiple trades at prices ranging from $63.50 to $64.08 per share, inclusive. 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.
( 13 )Represents 125,000 RSUs.
( 14 )The option is fully vested and exercisable.
( 15 )The option vested with respect to 50% of the shares subject thereto on March 8, 2014, and the remaining 50% of the shares vest on March 8, 2015.
( 16 )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 exercisability requirements for the Option have been met.

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