Cristiano R. Amon - Dec 15, 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role
President & CEO, Director
Signature
By: Jon Russo, Attorney-in-Fact For: Cristiano R. Amon
Stock symbol
QCOM
Transactions as of
Dec 15, 2024
Transactions value $
-$3,649,519
Form type
4
Date filed
12/16/2024, 05:40 PM
Previous filing
Dec 10, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Options Exercise $0 +21.7K +7.8% $0.00 300K Dec 15, 2024 by Trust F1
transaction QCOM Common Stock Options Exercise $0 +17K +5.65% $0.00 317K Dec 15, 2024 by Trust F1
transaction QCOM Common Stock Tax liability -$2.9M -18.3K -5.76% $158.53 299K Dec 15, 2024 by Trust F1
transaction QCOM Common Stock Options Exercise $0 +2.13K +0.71% $0.00 301K Dec 15, 2024 by Trust F1, F2
transaction QCOM Common Stock Tax liability -$337K -2.13K -0.71% $158.53 299K Dec 15, 2024 by Trust F1, F2
transaction QCOM Common Stock Options Exercise $0 +2.62K +0.87% $0.00 302K Dec 15, 2024 by Trust F1, F3
transaction QCOM Common Stock Tax liability -$415K -2.62K -0.87% $158.53 299K Dec 15, 2024 by Trust F1, F3

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 -21.7K -45.54% $0.00 26K Dec 15, 2024 Common Stock 21.7K Direct F4, F5
transaction QCOM Restricted Stock Unit Options Exercise $0 -2.13K -8.18% $0.00 23.9K Dec 15, 2024 Common Stock 2.13K Direct F4, F5
transaction QCOM Restricted Stock Unit Options Exercise $0 -17K -28.88% $0.00 41.8K Dec 15, 2024 Common Stock 17K Direct F4, F6
transaction QCOM Restricted Stock Unit Options Exercise $0 -2.62K -6.26% $0.00 39.2K Dec 15, 2024 Common Stock 2.62K Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the reporting person's family trust, for which the reporting person and his spouse are trustees. The reporting person and members of his immediate family are the sole beneficiaries of the trust.
F2 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 2022 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.
F3 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.
F4 Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F5 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 upon the recipient's attainment of Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement) on March 28, 2024. 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.
F6 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 upon the recipient's attainment of Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement) on March 28, 2024. 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.