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

Role
Director
Signature
/s/ Mark J. Murphy, by Power of Attorney
Issuer symbol
QRVO
Transactions as of
16 Sep 2021
Net transactions value
-$264,045
Form type
4
Filing time
17 Sep 2021, 16:07:33 UTC
Previous filing
17 Aug 2021
Next filing
18 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Options Exercise $21,615 +1,587 +28% $13.62* 7,182 16 Sep 2021 Direct F1
transaction QRVO Common Stock Sale $285,660 -1,587 -22% $180.00 5,595 16 Sep 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 -1,587 -14% $0.000000 9,522 16 Sep 2021 Common Stock 1,587 $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.