| FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 06/01/2006 |
3. Issuer Name and Ticker or Trading Symbol
BROADCOM CORP [ BRCM ] |
|||||||||||||
|
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
| |||||||||||||||
| Table I - Non-Derivative Securities Beneficially Owned | |||
|---|---|---|---|
| 1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
| Class A common stock | 47,632(1) | D | |
|
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
|---|---|---|---|---|---|---|---|
| 1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Employee stock option (right to buy) | (2) | 07/02/2012 | Class A common stock | 38,118 | 10.4933 | D | |
| Employee stock option (right to buy) | (2) | 07/02/2012 | Class A common stock | 18,132 | 10.4933 | D | |
| Employee stock option (right to buy) | (3) | 05/18/2013 | Class A common stock | 187,500 | 13.3333 | D | |
| Employee stock option (right to buy) | (4) | 12/06/2013 | Class A common stock | 337,500 | 22.8933 | D | |
| Employee stock option (right to buy) | (5) | 02/04/2015 | Class A common stock | 67,500 | 21.4733 | D | |
| Employee stock option (right to buy) | (6) | 05/04/2016 | Class A common stock | 50,000 | 41.15 | D | |
| Explanation of Responses: |
| 1. Includes (i) 8,722 shares that are held as Class A common stock and (ii) 38,910 shares in the form of restricted stock units ("RSUs") that will entitle the Reporting Person to receive one share of Class A common stock per restricted stock unit. Of the 38,910 RSUs (i)15,472 RSUs will vest, and the underlying shares will be concurrently issued, in a series of eleven quarterly installments upon the Reporting Person's completion of each three month period of service over the period measured from 05/05/2006 through 02/05/2009; and (ii) 23,438 RSUs will vest, and the underlying shares will be concurrently issued, in a series of fifteen quarterly installments upon the Reporting Person's completion of each three month period of service over the period measured from 05/05/2006 through 02/05/2010. The RSUs will vest on an accelerated basis upon the Reporting Person's termination of employment with the Issuer under certain prescribed circumstances. |
| 2. Fully vested and immediately exercisable. |
| 3. Such option was granted for 225,000 shares on 05/19/2003. The option vests and becomes exercisable for such shares in a series of 48 equal monthly installments measured from the grant date. The option will vest and become exercisable for such shares on an accelerated basis upon the Reporting Person's termination of employment with the Issuer under certain prescribed circumstances. |
| 4. Such option was granted for 337,500 shares on 12/07/2003. The option vests and becomes exercisable for such shares in a series of 48 equal monthly installments measured from the grant date. The option will vest and become exercisable for such shares on an accelerated basis upon the Reporting Person's termination of employment with the Issuer under certain prescribed circumstances. |
| 5. Such option was granted for 67,500 shares on 02/05/2005. The option vests and becomes exercisable for such shares in a series of 48 equal monthly installments measured from the grant date. The option will vest and become exercisable for such shares on an accelerated basis upon the Reporting Person's termination of employment with the Issuer under certain prescribed circumstances. |
| 6. Such option was granted for 50,000 shares on 05/05/2006. The option vests and becomes exercisable for such shares in a series of 48 equal monthly installments measured from the grant date. The option will vest and become exercisable for such shares on an accelerated basis upon the Reporting Person's termination of employment with the Issuer under certain prescribed circumstances. |
| Remarks: |
| All share numbers in this Form 4 reflect the Issuer's 3-for-2 stock split effected on 02/21/2006. |
| /s/ Thomas F. Lagatta | 06/02/2006 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||