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

Role: President QTL & Global Affairs
Signature: By: Jon Russo, Attorney-in-Fact For: Alexander H. Rogers
Issuer symbol: QCOM
Transactions as of: 05 Dec 2022
Net transactions value: -$7,238,161
Form type: 4
Filing time: 07 Dec 2022, 15:16:43 UTC
Previous filing: 04 Oct 2022
Next filing: 07 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	+27,452	+62%	$0.000000	72,024	05 Dec 2022	Direct	F1
transaction	QCOM	Common Stock	Tax liability	$1,678,236	-13,611	-19%	$123.30	58,413	05 Dec 2022	Direct
transaction	QCOM	Common Stock	Award	$0	+38,066	+65%	$0.000000	96,479	05 Dec 2022	Direct	F1
transaction	QCOM	Common Stock	Tax liability	$2,327,041	-18,873	-20%	$123.30	77,606	05 Dec 2022	Direct
transaction	QCOM	Common Stock	Sale	$3,232,884	-26,427	-34%	$122.33	51,179	06 Dec 2022	Direct	F2, 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	+20,536		$0.000000	20,536	05 Dec 2022	Common Stock	20,536		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	The transaction was conducted under a Rule 10b5-1 trading plan.
F3	The sale prices for this transaction ranged from $120.86 to $122.925. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.
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.