Roderick Nelson - Aug 16, 2021 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Role: Director
Signature: /s/ Mark J. Murphy, by Power of Attorney
Stock symbol: QRVO
Transactions as of: Aug 16, 2021
Transactions value $: -$274,710
Form type: 4
Date filed: 8/17/2021, 05:24 PM
Previous filing: Aug 11, 2021
Next filing: Sep 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QRVO	Common Stock	Options Exercise	$21.6K	+1.59K	+28.36%	$13.62^*	7.18K	Aug 16, 2021	Direct	F1
transaction	QRVO	Common Stock	Sale	-$296K	-1.59K	-22.1%	$186.72	5.6K	Aug 16, 2021	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	QRVO	Stock Option (Right to Buy)	Options Exercise	$0	-1.59K	-12.5%	$0.00	11.1K	Aug 16, 2021	Common Stock	1.59K	$13.62	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was effected pursuant to a Rule 10b5-1 trading plan, which was previously entered into by the reporting person.
F2	The option vested as follows: 28% of the shares subject to the option vested on the date shown, which is one year after the date of grant, and an additional 2% of the shares subject to the option vested each month thereafter so that the option became fully vested four years following the grant date.