Robert A. Bruggeworth - Aug 15, 2023 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Signature
/s/ Jason T. Gray, by Power of Attorney
Stock symbol
QRVO
Transactions as of
Aug 15, 2023
Transactions value $
-$1,264,287
Form type
4
Date filed
8/17/2023, 05:35 PM
Previous filing
Aug 10, 2023
Next filing
Aug 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Sale -$1.1M -10.8K -6.44% $102.02 156K Aug 15, 2023 Direct F1
transaction QRVO Common Stock Tax liability -$167K -1.62K -1.03% $103.19 155K Aug 15, 2023 Direct
transaction QRVO Common Stock Award $0 +7.32K +4.73% $0.00 162K Aug 15, 2023 Direct
transaction QRVO Common Stock Award $0 +40.7K +25.13% $0.00 203K Aug 15, 2023 Direct
holding QRVO Common Stock 20K Aug 15, 2023 By Grantor Retained Annuity Trust
* 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 by the reporting person on December 7, 2022.