Heather S. Ace - 20 May 2022 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Signature
By: Jon Russo, Attorney-in-Fact For: Heather S. Ace
Issuer symbol
QCOM
Transactions as of
20 May 2022
Net transactions value
-$319,656
Form type
4
Filing time
23 May 2022, 18:28:42 UTC
Previous filing
27 Sep 2021
Next filing
04 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Options Exercise $0 +7,023 +202% $0.000000 10,500 20 May 2022 Direct
transaction QCOM Common Stock Tax liability $319,656 -2,429 -23% $131.60 8,071 20 May 2022 Direct

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 QCOM Restricted Stock Unit Options Exercise $0 -7,023 -50% $0.000000 7,023 20 May 2022 Common Stock 7,023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
F2 These Restricted Stock Units (and allocable dividend equivalents) vested one-third on May 20, 2021, and the remaining balance vests annually thereafter.