Neil Martin - Nov 20, 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role
SVP, Finance and CAO
Signature
By: Jon Russo, Attorney-in-Fact For: Neil A. Martin
Stock symbol
QCOM
Transactions as of
Nov 20, 2024
Transactions value $
-$351,916
Form type
4
Date filed
11/21/2024, 05:36 PM
Previous filing
Nov 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Options Exercise $0 +1.09K +1155.32% $0.00 1.18K Nov 20, 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +637 +53.98% $0.00 1.82K Nov 20, 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +552 +30.38% $0.00 2.37K Nov 20, 2024 Direct
transaction QCOM Common Stock Tax liability -$150K -971 -40.99% $154.27 1.4K Nov 20, 2024 Direct
transaction QCOM Common Stock Sale -$202K -1.3K -93.28% $155.00 94 Nov 21, 2024 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 -1.09K -100% $0.00 0 Nov 20, 2024 Common Stock 1.09K Direct F2, F3
transaction QCOM Restricted Stock Unit Options Exercise $0 -638 -20.01% $0.00 2.55K Nov 20, 2024 Common Stock 638 Direct F2, F4
transaction QCOM Restricted Stock Unit Options Exercise $0 -552 -11.11% $0.00 4.42K Nov 20, 2024 Common Stock 552 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2024.
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, 2022, and the remaining balance vested semi-annually thereafter.
F4 The Restricted Stock Units (and allocable dividend equivalents) vest one-third on November 20, 2023, and the remaining balance vests quarterly thereafter.
F5 The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2024 and ending on November 20, 2026.