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

Signature
/s/ Jason T. Gray, by Power of Attorney
Issuer symbol
QRVO
Transactions as of
15 Aug 2023
Net transactions value
-$1,264,287
Form type
4
Filing time
17 Aug 2023, 17:35:53 UTC
Previous filing
10 Aug 2023
Next filing
24 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Sale $1,097,429 -10,757 -6.4% $102.02 156,283 15 Aug 2023 Direct F1
transaction QRVO Common Stock Tax liability $166,858 -1,617 -1% $103.19 154,666 15 Aug 2023 Direct
transaction QRVO Common Stock Award $0 +7,315 +4.7% $0.000000 161,981 15 Aug 2023 Direct
transaction QRVO Common Stock Award $0 +40,702 +25% $0.000000 202,683 15 Aug 2023 Direct
holding QRVO Common Stock 20,000 15 Aug 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.