Ann Chaplin - Dec 15, 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Signature
By: Jon Russo, Attorney-in-Fact For: Ann Chaplin
Stock symbol
QCOM
Transactions as of
Dec 15, 2024
Transactions value $
-$1,205,464
Form type
4
Date filed
12/16/2024, 05:40 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 +5.07K +29.53% $0.00 22.2K Dec 15, 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +5.14K +23.12% $0.00 27.4K Dec 15, 2024 Direct
transaction QCOM Common Stock Tax liability -$796K -5.03K -18.39% $158.30 22.3K Dec 15, 2024 Direct
transaction QCOM Common Stock Sale -$409K -2.59K -11.59% $158.12 19.7K Dec 16, 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 -5.07K -50% $0.00 5.07K Dec 15, 2024 Common Stock 5.07K Direct F2, F3
transaction QCOM Restricted Stock Unit Options Exercise $0 -5.14K -33.33% $0.00 10.3K Dec 15, 2024 Common Stock 5.14K Direct F2, F4
* 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 These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on December 15, 2023, 2024 and 2025.
F4 These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on December 15, 2024, 2025 and 2026.