RegistrationNo. 333-
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORMS-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
BROADCOM INC.
(Exact Name of Registrant as Specified in Its Charter)
| Delaware | 35-2617337 | |
(State or Other Jurisdiction of Incorporation or Organization) | (I.R.S. Employer Identification Number) |
1320 Ridder Park Drive
San Jose, California 95131
(Address of Principal Executive Offices including Zip Code)
Broadcom Corporation 2012 Stock Incentive Plan
(Full title of the plans)
Mark Brazeal
Rebecca Boyden
c/o Broadcom Inc.
1320 Ridder Park Drive
San Jose, California 95131
(408)433-8000
(Name and Address, Including Zip Code and Telephone Number, Including Area Code, of Agent for Service)
Copy To:
Anthony J. Richmond
Latham & Watkins LLP
140 Scott Drive
Menlo Park, California 94025
Telephone: (650)328-4600
Facsimile: (650)463-2600
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, anon-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule12b-2 of the Exchange Act. Check one:
| Large accelerated filer | ☒ | Accelerated filer | ☐ | |||
| Non-accelerated filer | ☐ | Smaller reporting company | ☐ | |||
| Emerging growth company | ☐ | |||||
If an emerging growth company, indicate by check mark if the registrant has elected to use the extended transition period for complying with the new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
CALCULATION OF REGISTRATION FEE
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Title of Securities to be Registered | Amount to be Registered(1) | Proposed Maximum Offering Price Per Share | Proposed Maximum Aggregate Offering Price | Amount of Registration Fee | ||||
Shares of common stock, par value $0.001 per share, of Broadcom Inc., a Delaware corporation: | 12,195,965(2) | $315.20(3) | $3,844,107,189 (3) | $498,966 | ||||
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| (1) | Pursuant to Rule 416 under the Securities Act of 1933, as amended (the “Securities Act”), this Registration Statement shall also automatically cover any additional shares of common stock of Broadcom Inc. which may become issuable under the Broadcom Corporation 2012 Stock Incentive Plan (the “Broadcom 2012 Plan”) by reason of any stock dividend, stock split, recapitalization or other similar transaction which results in an increase in the number of outstanding shares of the Registrant’s common stock. |
| (2) | Represents 12,195,965 shares of common stock under the Broadcom 2012 Plan, which will be available for issuance under the Broadcom 2012 Plan on January 2, 2020 due to an automatic annual increase provision in the Broadcom 2012 Plan. |
| (3) | Estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and 457(h) of the Securities Act, and based upon the average of the high and low prices of the Registrant’s common stock as reported on the Nasdaq Global Select Market on December 13, 2019 of $315.20. |
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing information specified in Part I will be delivered in accordance with FormS-8 and Rule 428(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Such documents are not required to be, and are not, filed with the SEC, either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. These documents, and the documents incorporated by reference in this Registration Statement pursuant to item 3 of Part II of this FormS-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Exchange Act.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
In this Registration Statement, Broadcom Inc. is sometimes referred to as “Registrant,” “we,” “us” or “our.”
Registration of Additional Securities
By a registration statement on FormS-8 filed with the SEC on February 2, 2016, FileNo. 333-209331 (the “February 2016 Registration Statement”), Broadcom Limited, the Registrant’s predecessor, registered an aggregate of 79,306,533 Ordinary Shares issuable under the Broadcom 2012 Plan. In addition, by a registration statement on FormS-8 filed with the SEC on December 23, 2016, FileNo. 333-215291 (the “December 2016 Registration Statement”), Broadcom Limited registered an additional 2,195,965 Ordinary Shares issuable under the Broadcom 2012 Plan. By a registration statement on FormS-8 filed with the SEC on November 17, 2017, FileNo. 333-221654 (the “November 2017 Registration Statement”), Broadcom Limited registered an additional 2,195,965 Ordinary Shares issuable under the Broadcom 2012 Plan. The February 2016 Registration Statement, the December 2016 Registration Statement and the November 2017 Registration Statement, each as amended, are referred to as the“Pre-domiciliation Registration Statements”). In connection with the Registrant’s redomiciliation from the Republic of Singapore to Delaware, the Registrant assumed Broadcom Limited’s obligations in connection with awards granted under Broadcom Limited’s incentive plans and other similar employee awards and amended such plans and awards as necessary to provide for the issuance of shares of the Registrant’s common stock rather than Ordinary Shares. On April 4, 2018, the Registrant filed post-effective amendments to each of thePre-domiciliation Registration Statements, pursuant to which the Registrant expressly adopted each of thePre-domiciliation Registration Statements as its own for purposes of the Securities Act and Exchange Act. ThePre-domiciliation Registration Statements are currently effective. By a registration statement on FormS-8 filed with the SEC on November 5, 2018, FileNo. 333-228175 (the “November 2018 Registration Statement,” and together with thePre-domiciliation Registration Statement, the “Prior Registration Statements”), Broadcom Inc. registered an additional 12,195,965 shares of common stock issuable under the Broadcom 2012 Plan.
The Registrant is hereby registering an additional 12,195,965 shares of common stock under the Broadcom 2012 Plan, which will become available for issuance under the Broadcom 2012 Plan on January 2, 2020 due to an automatic annual increase provision in the Broadcom 2012 Plan.
Pursuant to Instruction E of FormS-8, the contents of the Prior Registration Statements are incorporated by reference in this Registration Statement on FormS-8 to the extent not modified or superseded hereby or by any subsequently filed document which is incorporated by reference herein or therein.
| Item 3. | Incorporation of Documents by Reference. |
The SEC allows us to “incorporate by reference” the information we file with them, which means that we can disclose important information to you by referring you to those documents. The information incorporated by reference is considered to be part of this Registration Statement, and later information filed with the SEC will update and supersede this information. We hereby incorporate by reference into this Registration Statement the following documents previously filed with the SEC (only to the extent “filed” and not “furnished” in accordance with SEC rules):
| (a) | Annual Report of Broadcom Inc. onForm10-K for the fiscal year ended November 3, 2019, filed with the SEC on December 20, 2019; |
| (b) | Broadcom Inc.’s Current Reports on Form8-K filed with the SEC onNovember 4, 2019 (except with respect to information furnished under Item 7.01 and related exhibit furnished pursuant to Item 9.01) andDecember 12, 2019 (except with respect to information furnished under Item 2.02 and related exhibit furnished pursuant to Item 9.01); and |
| (c) | The description of Broadcom Inc.’s common stock which is contained inExhibit 4.3 to Broadcom Inc.’s Annual Report on Form10-K filed on December 20, 2019, including any amendment or report filed for the purpose of updating such description. |
All documents that the Registrant subsequently files pursuant to Section 13(a), 13(c), 14 or 15(d) of the Exchange Act prior to the filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which deregisters all of such securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to be a part hereof from the date of the filing of such documents; except as to any portion of any future annual or quarterly report to stockholders or document or current report furnished under current Item 2.02 or 7.01 of Form8-K or related exhibits furnished pursuant to Item 9.01 of Form8-K that is deemed to be furnished and not filed under such provisions.
Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
| Item 8. | Exhibits. |
Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on FormS-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Jose, State of California, on this 20th day of December 2019.
| BROADCOM INC. | ||
| By: | /s/ Thomas H. Krause, Jr. | |
Thomas H. Krause, Jr. Chief Financial Officer | ||
SIGNATURES AND POWER OF ATTORNEY
KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below does hereby constitute and appoint Hock E. Tan, Thomas H. Krause, Jr. and Mark Brazeal, and each of them, with full power of substitution and full power to act without the others, his or her true and lawfulattorney-in-fact and agent to act for him or her in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and to file this Registration Statement, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, granting unto saidattorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in order to effectuate the same as fully, to all intents and purposes, as they or he or she might or could do in person, hereby ratifying and confirming all that saidattorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the date indicated.
Signature | Title | Date | ||
/s/ Hock E. Tan | President and Chief Executive Officer and Director | December 20, 2019 | ||
| Hock E. Tan | (Principal Executive Officer) | |||
/s/ Thomas H. Krause, Jr. | Chief Financial Officer | December 20, 2019 | ||
| Thomas H. Krause, Jr. | (Principal Financial Officer) | |||
/s/ Kirsten Spears | Corporate Controller | December 20, 2019 | ||
| Kirsten Spears | (Principal Accounting Officer) | |||
/s/ Diane M. Bryant | Director | December 20, 2019 | ||
| Diane M. Bryant | ||||
/s/ Gayla J. Delly | Director | December 20, 2019 | ||
| Gayla J. Delly | ||||
/s/ Eddy W. Hartenstein | Lead Independent Director | December 20, 2019 | ||
| Eddy W. Hartenstein | ||||
/s/ Check Kian Low | Director | December 20, 2019 | ||
| Check Kian Low | ||||
/s/ Peter J. Marks | Director | December 20, 2019 | ||
| Peter J. Marks | ||||
/s/ Justine F. Page | Director | December 20, 2019 | ||
| Justine F. Page | ||||
/s/ Henry Samueli | Chairman of the Board of Directors | December 20, 2019 | ||
| Henry Samueli | ||||
/s/ Harry L. You | Director | December 20, 2019 | ||
| Harry L. You | ||||
