James H. Thompson - Dec 15, 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 15, 2023
Transactions value $
-$819,133
Form type
4
Date filed
12/18/2023, 05:53 PM
Previous filing
Dec 15, 2023
Next filing
Mar 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Options Exercise $0 +10.5K +3.86% $0.00 284K Dec 15, 2023 Direct
transaction QCOM Common Stock Tax liability -$819K -5.72K -2.02% $143.13 278K Dec 15, 2023 Direct
holding QCOM Common Stock 4.54K Dec 15, 2023 Childrens' Trust F1
holding QCOM Common Stock 45.5K Dec 15, 2023 by Spouse's Trust F2
holding QCOM Common Stock 45.5K Dec 15, 2023 by Trust F2

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 -10.5K -33.33% $0.00 21.1K Dec 15, 2023 Common Stock 10.5K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Securities held by Premier Trust, as trustee.
F3 Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F4 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.