James J. Cathey - 20 May 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
Issuer symbol
QCOM
Transactions as of
20 May 2023
Net transactions value
-$261,157
Form type
4
Filing time
22 May 2023, 17:04:51 UTC
Previous filing
04 Jan 2023
Next filing
11 Aug 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 Options Exercise $0 +1,300 +48% $0.000000 4,016 20 May 2023 Direct
transaction QCOM Common Stock Options Exercise $0 +1,574 +39% $0.000000 5,590 20 May 2023 Direct
transaction QCOM Common Stock Options Exercise $0 +1,827 +33% $0.000000 7,417 20 May 2023 Direct
transaction QCOM Common Stock Options Exercise $0 +2,742 +37% $0.000000 10,159 20 May 2023 Direct
transaction QCOM Common Stock Tax liability $261,157 -2,467 -24% $105.86 7,692 20 May 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 -1,300 -50% $0.000000 1,284 20 May 2023 Common Stock 1,300 Direct F2, F3
transaction QCOM Restricted Stock Unit Options Exercise $0 -1,575 -25% $0.000000 4,688 20 May 2023 Common Stock 1,575 Direct F2, F4
transaction QCOM Restricted Stock Unit Options Exercise $0 -1,828 -12% $0.000000 12,951 20 May 2023 Common Stock 1,828 Direct F2, F5
transaction QCOM Restricted Stock Unit Options Exercise $0 -2,743 -21% $0.000000 10,208 20 May 2023 Common Stock 2,743 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.