JOHN R. HARDING - 15 Aug 2023 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Role
Director
Signature
/s/ Jason T. Gray, by Power of Attorney
Issuer symbol
QRVO
Transactions as of
15 Aug 2023
Net transactions value
-$424,371
Form type
4
Filing time
17 Aug 2023, 17:12:07 UTC
Previous filing
09 Jun 2023
Next filing
22 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Options Exercise $376,486 +7,850 +136% $47.96 13,609 15 Aug 2023 Direct F1
transaction QRVO Common Stock Sale $800,857 -7,850 -58% $102.02 5,759 15 Aug 2023 Direct F1
transaction QRVO Common Stock Award $0 +2,132 +37% $0.000000 7,891 15 Aug 2023 Direct

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 QRVO Stock option (right to buy) Options Exercise $0 -7,850 -100% $0.000000* 0 15 Aug 2023 Common Stock 7,850 $47.96 Direct
* 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 plan adopted by the reporting person on May 8, 2023.