James J. Cathey - May 20, 2023 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
May 20, 2023
Transactions value $
-$261,157
Form type
4
Date filed
5/22/2023, 05:04 PM
Previous filing
Jan 4, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Options Exercise $0 +1.3K +47.86% $0.00 4.02K May 20, 2023 Direct
transaction QCOM Common Stock Options Exercise $0 +1.57K +39.19% $0.00 5.59K May 20, 2023 Direct
transaction QCOM Common Stock Options Exercise $0 +1.83K +32.68% $0.00 7.42K May 20, 2023 Direct
transaction QCOM Common Stock Options Exercise $0 +2.74K +36.97% $0.00 10.2K May 20, 2023 Direct
transaction QCOM Common Stock Tax liability -$261K -2.47K -24.28% $105.86 7.69K May 20, 2023 Direct F1

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 -1.3K -50.32% $0.00 1.28K May 20, 2023 Common Stock 1.3K Direct F2, F3
transaction QCOM Restricted Stock Unit Options Exercise $0 -1.57K -25.15% $0.00 4.69K May 20, 2023 Common Stock 1.57K Direct F2, F4
transaction QCOM Restricted Stock Unit Options Exercise $0 -1.83K -12.37% $0.00 13K May 20, 2023 Common Stock 1.83K Direct F2, F5
transaction QCOM Restricted Stock Unit Options Exercise $0 -2.74K -21.18% $0.00 10.2K May 20, 2023 Common Stock 2.74K Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 52 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2023.
F2 Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F3 The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2021, and the remaining balance vests semi-annually thereafter.
F4 The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2022, and the remaining balance vests semi-annually thereafter.
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 were 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 May 20, 2023, 2024 and 2025.