James H. Thompson - 05 Dec 2022 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role: Chief Technology Officer
Signature: By: Jon Russo, Attorney-in-Fact For: James. H. Thompson
Issuer symbol: QCOM
Transactions as of: 05 Dec 2022
Net transactions value: -$7,209,598
Form type: 4
Filing time: 07 Dec 2022, 15:16:17 UTC
Previous filing: 04 Oct 2022
Next filing: 17 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QCOM	Common Stock	Award	$0	+49,412	+22%	$0.000000	269,105	05 Dec 2022	Direct	F1
transaction	QCOM	Common Stock	Tax liability	$3,020,727	-24,499	-9.1%	$123.30	244,606	05 Dec 2022	Direct
transaction	QCOM	Common Stock	Award	$0	+68,520	+28%	$0.000000	313,126	05 Dec 2022	Direct	F1
transaction	QCOM	Common Stock	Tax liability	$4,188,871	-33,973	-11%	$123.30	279,153	05 Dec 2022	Direct
holding	QCOM	Common Stock						4,539	05 Dec 2022	Childrens' Trust	F2
holding	QCOM	Common Stock						45,453	05 Dec 2022	by Spouse's Trust	F3
holding	QCOM	Common Stock						45,453	05 Dec 2022	by Trust	F3

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	Award	$0	+30,820		$0.000000	30,820	05 Dec 2022	Common Stock	30,820		Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	These shares represent Performance Stock Units that vested on October 1, 2022. On December 5, 2022, the HR and Compensation Committee determined and certified the number of shares to be paid.
F2	Shares are held in individual trusts for the benefit of Dr. Thompson's children. Dr. Thompson disclaims all beneficial ownership for the shares held in trusts for the benefit of his children.
F3	Securities held by Premier Trust, as trustee.
F4	Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F5	Because the recipient has met the other conditions for Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement), these Restricted Stock Units will be fully vested on the date that is three months after the grant date. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on December 15, 2023, 2024 and 2025.