UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): | August 10, 2010 |
Broadcom Corporation
__________________________________________
(Exact name of registrant as specified in its charter)
California | 000-23993 | 33-0480482 |
_____________________ (State or other jurisdiction | _____________ (Commission | ______________ (I.R.S. Employer |
of incorporation) | File Number) | Identification No.) |
5300 California Avenue, Irvine, California | 92617 | |
_________________________________ (Address of principal executive offices) | ___________ (Zip Code) |
Registrant’s telephone number, including area code: | (949) 926-5000 |
Not Applicable
______________________________________________
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On August 10, 2010 the Board of Directors (the "Board") of Broadcom Corporation (the "Company"), acting pursuant to the authority granted to it by Broadcom’s Bylaws, increased the size of the Board from seven to eight directors. John A. Swainson was appointed to fill the vacancy created by such increase. The Board is currently evaluating the Committees of the Board to which Mr. Swainson may be appointed.
Mr. Swainson will participate in the compensation package offered to non-employee directors of the Board in respect of their service to the Board, as described under the caption "Corporate Governance and Board Matters – Compensation of Non-Employee Directors" appearing in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on April 1, 2010. Accordingly, on August 10, 2010, he received an initial award of restricted stock units covering 5,858 shares of the Company’s Class A common stock, pursuant to the Director Automatic Grant Pro gram under the Company’s 1998 Stock Incentive Plan, as amended and restated.
Broadcom issued a related press release announcing the appointment of Mr. Swainson to the Board on August 11, 2010. The full text of the press release is attached as Exhibit 99.1 to this report and is hereby incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1—Press Release dated May August 11, 2010 of the Registrant.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Broadcom Corporation | ||||
August 11, 2010 | By: | /s/ Eric K. Brandt | ||
Name: Eric K. Brandt | ||||
Title: Executive Vice President & Chief Financial Officer |
Exhibit Index
Exhibit No. | Description | |
99.1 | Press Release dated May August 11, 2010 of the Registrant. |