Item 5. Other Information
2K characters. Original on sec.gov · Markdown
Item 5. Other Information
Insider Trading Arrangements
Henry Samueli, Ph.D., our Chairman of the Board, has voting and dispositive power over the shares held by D95GT, LLC. Dr. Samueli disclaims beneficial ownership of the shares held by D95GT, LLC and H&S Investments I, L.P., except to the extent of his pecuniary interest. Dr. Samueli does not have a pecuniary interest in the shares held by the Samueli Foundation, but the Samueli Foundation may be deemed an affiliate of Dr. Samueli. On December 18, 2024, D95GT, LLC, H&S Investments I, LP and the Samueli Foundation, adopted a trading plan intended to satisfy Rule 10b5-1(c) under the Exchange Act (the “Samueli Trading Plan”). Pursuant to the Samueli Trading Plan, (i) D95GT, LLC will gift up to $102,600,000 in shares of Broadcom common stock (the “First Donated Shares”) to the Samueli Foundation between March 26, 2025 and December 30, 2025, (ii) H&S Investments I, LP will gift up to $25,000,000 in shares of Broadcom common stock (the “Second Donated Shares,” and together with the First Donated Shares, the “Donated Shares”) to the Samueli Foundation between June 25, 2025 and December 30, 2025 and (iii) D95GT, LLC will gift up to $1,250,000 in shares of Broadcom common stock to a charity between December 8, 2025 and December 30, 2025. The Samueli Foundation will subsequently sell the Donated Shares between March 27, 2025 and December 31, 2025, subject to the volume and price limitations set forth in the Samueli Trading Plan. Pursuant to the Samueli Trading Plan, D95GT LLC will also sell up to $500,000,000 in shares of Broadcom common stock between March 26, 2025 to December 31, 2025, subject to the volume and price limitations set forth in the Samueli Trading Plan. The Samueli Trading Plan will expire on December 31, 2025, subject to early termination for certain specified events set forth in the Samueli Trading Plan.
On January 9, 2025, Justine Page, a member of our Board of Directors, adopted a trading plan intended to satisfy Rule 10b5-1(c) under the Exchange Act (the “Page Trading Plan”). The Page Trading Plan provides for the sale of a total of 7,200 shares of Broadcom common stock, with an equal number of shares being sold each month over the duration of the Page Trading Plan. The Page Trading Plan will expire on December 31, 2025, subject to early termination for certain specified events set forth in the Page Trading Plan.
Previous: Item 1A. Risk Factors · Next: Item 6. Exhibits