James H. Thompson - Dec 13, 2023 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 13, 2023
Transactions value $: -$3,983,560
Form type: 4
Date filed: 12/15/2023, 04:14 PM
Previous filing: Nov 9, 2023
Next filing: Dec 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QCOM	Common Stock	Award	$0	+5.39K	+2.21%	$0.00	249K	Dec 13, 2023	Direct	F1
transaction	QCOM	Common Stock	Tax liability	-$371K	-2.67K	-1.07%	$138.80	247K	Dec 13, 2023	Direct
transaction	QCOM	Common Stock	Award	$0	+52.5K	+21.29%	$0.00	299K	Dec 13, 2023	Direct	F1
transaction	QCOM	Common Stock	Tax liability	-$3.61M	-26K	-8.7%	$138.80	273K	Dec 13, 2023	Direct
holding	QCOM	Common Stock						4.54K	Dec 13, 2023	Childrens' Trust	F2
holding	QCOM	Common Stock						45.5K	Dec 13, 2023	by Spouse's Trust	F3
holding	QCOM	Common Stock						45.5K	Dec 13, 2023	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	+28.8K		$0.00	28.8K	Dec 13, 2023	Common Stock	28.8K		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, 2023. On December 13, 2023, 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, 2024, 2025 and 2026.