Paul J. Fego - 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
-$463,559
Form type
4
Filing time
17 Aug 2023, 17:40:03 UTC
Previous filing
10 Aug 2023
Next filing
16 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Sale $429,300 -4,208 -14% $102.02 26,707 15 Aug 2023 Direct F1
transaction QRVO Common Stock Tax liability $34,259 -332 -1.2% $103.19 26,375 15 Aug 2023 Direct
transaction QRVO Common Stock Award $0 +1,681 +6.4% $0.000000 28,056 15 Aug 2023 Direct
transaction QRVO Common Stock Award $0 +9,303 +33% $0.000000 37,359 15 Aug 2023 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 trading plan adopted by the reporting person on May 8, 2023.