James H. Thompson - Dec 5, 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
Stock symbol
QCOM
Transactions as of
Dec 5, 2022
Transactions value $
-$7,209,598
Form type
4
Date filed
12/7/2022, 03:16 PM
Previous filing
Oct 4, 2022
Next filing
Feb 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Award $0 +49.4K +22.49% $0.00 269K Dec 5, 2022 Direct F1
transaction QCOM Common Stock Tax liability -$3.02M -24.5K -9.1% $123.30 245K Dec 5, 2022 Direct
transaction QCOM Common Stock Award $0 +68.5K +28.01% $0.00 313K Dec 5, 2022 Direct F1
transaction QCOM Common Stock Tax liability -$4.19M -34K -10.85% $123.30 279K Dec 5, 2022 Direct
holding QCOM Common Stock 4.54K Dec 5, 2022 Childrens' Trust F2
holding QCOM Common Stock 45.5K Dec 5, 2022 by Spouse's Trust F3
holding QCOM Common Stock 45.5K Dec 5, 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 +30.8K $0.00 30.8K Dec 5, 2022 Common Stock 30.8K 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.