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

Signature
By: Jon Russo, Attorney-in-Fact For: Alexander H. Rogers
Stock symbol
QCOM
Transactions as of
Dec 15, 2024
Transactions value $
-$1,023,787
Form type
4
Date filed
12/16/2024, 05:39 PM
Previous filing
Dec 11, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Options Exercise $0 +7.16K +21.44% $0.00 40.5K Dec 15, 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +5.26K +12.98% $0.00 45.8K Dec 15, 2024 Direct
transaction QCOM Common Stock Tax liability -$927K -5.85K -12.77% $158.53 40K Dec 15, 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +611 +1.53% $0.00 40.6K Dec 15, 2024 Direct F1
transaction QCOM Common Stock Tax liability -$96.9K -611 -1.51% $158.53 40K Dec 15, 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 -7.16K -50% $0.00 7.16K Dec 15, 2024 Common Stock 7.16K Direct F2, F3
transaction QCOM Restricted Stock Unit Options Exercise $0 -5.26K -29.86% $0.00 12.4K Dec 15, 2024 Common Stock 5.26K Direct F2, F4
transaction QCOM Restricted Stock Unit Options Exercise $0 -611 -4.95% $0.00 11.7K Dec 15, 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.