James J. Cathey - Dec 5, 2022 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role: Chief Commercial Officer
Signature: By: Jon Russo, Attorney-in-Fact For: James J. Cathey
Stock symbol: QCOM
Transactions as of: Dec 5, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/7/2022, 03:17 PM
Previous filing: Nov 21, 2022
Next filing: Jan 4, 2023

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	+9.73K		$0.00	9.73K	Dec 5, 2022	Common Stock	9.73K		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 converts on a one-for-one basis.
F2	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 six 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.

Content

Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.

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 six 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.