Alexander H. Rogers - 15 Dec 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role
President QTL & Global Affairs
Signature
By: Jon Russo, Attorney-in-Fact For: Alexander H. Rogers
Issuer symbol
QCOM
Transactions as of
15 Dec 2024
Net transactions value
-$1,023,787
Form type
4
Filing time
16 Dec 2024, 17:39:56 UTC
Previous filing
11 Dec 2024
Next filing
10 Feb 2025
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 +7,157 +21% $0.000000 40,540 15 Dec 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +5,262 +13% $0.000000 45,802 15 Dec 2024 Direct
transaction QCOM Common Stock Tax liability $926,925 -5,847 -13% $158.53 39,955 15 Dec 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +611 +1.5% $0.000000 40,566 15 Dec 2024 Direct F1
transaction QCOM Common Stock Tax liability $96,862 -611 -1.5% $158.53 39,955 15 Dec 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 -7,158 -50% $0.000000 7,159 15 Dec 2024 Common Stock 7,158 Direct F2, F3
transaction QCOM Restricted Stock Unit Options Exercise $0 -5,262 -30% $0.000000 12,358 15 Dec 2024 Common Stock 5,262 Direct F2, F4
transaction QCOM Restricted Stock Unit Options Exercise $0 -611 -4.9% $0.000000 11,747 15 Dec 2024 Common Stock 611 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to the reporting person in December 2023 became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements). These shares represent shares withheld to cover the tax liability associated with the vesting of such Restricted Stock Units.
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 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 became 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.
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 became 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.