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Answers to frequently asked questions about Broadcom equity compensation, benefits, and more.
8 questions answered about Broadcom equity
Broadcom RSUs typically vest over 4 years with either quarterly or annual installments in equal portions (25% per year). Common vesting dates are on the 5th of February, May, August, and November, or the 15th of March, June, September, and December depending on your grant. You'll receive your shares in equal increments throughout the vesting period.
Broadcom's ESPP offers a 15% discount with a 6-month lookback provision. The purchase price is the lower of the stock price at the beginning or end of the 6-month offering period. You can contribute up to 10% of your salary (maximum $25,000 per year), and purchases occur semi-annually on March 15 and September 15.
Broadcom provides multi-year stock grants annually, with refreshers covering both the current and following year. Refresher grants vest in equal portions over the vesting period. For example, IC5 employees have historically received refreshers in the $200k-$400k range, though the exact amount varies by level and performance.
Broadcom stock options generally vest over 4 years from the grant date and expire 10 years (120 months) after grant. Both ISOs and NSOs are offered, though specific post-termination exercise windows vary by grant and employment agreement.
No, Broadcom offers are made in RSU units, not dollar value. This means the number of units you receive is fixed at the time of your offer and does not adjust if the stock price changes before your grant date or during vesting. The value of your grant will fluctuate with the stock price, but the unit count remains the same.
Broadcom offers a 100% match on the first 6% of your salary contributions to the 401(k). The matching contributions vest immediately with no waiting period. The plan also supports after-tax contributions and offers a mega backdoor Roth option through Fidelity's BrokerageLink.
If you leave Broadcom, all unvested RSUs are forfeited entirely with no acceleration. This applies whether you resign, are terminated, or leave for any other reason. Only RSUs that have already vested by your departure date will remain yours.
Broadcom has quarterly trading blackout periods that close on the Friday before the last three weeks of each fiscal quarter and reopen on the third full trading day after earnings are released. Restricted persons must pre-clear all trades, and the company prohibits hedging or pledging of stock unless pre-approved.
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