Philip Chesley - 05 Dec 2023 Form 4 Insider Report for Qorvo, Inc. (QRVO)

Signature
/s/ Jason T. Gray, by Power of Attorney
Issuer symbol
QRVO
Transactions as of
05 Dec 2023
Net transactions value
-$1,270,044
Form type
4
Filing time
07 Dec 2023, 16:10:59 UTC
Previous filing
17 Aug 2023
Next filing
16 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QRVO Common Stock Tax liability $236,166 -2,418 -5.7% $97.67 40,119 05 Dec 2023 Direct
transaction QRVO Common Stock Sale $1,033,878 -10,580 -26% $97.72 29,539 06 Dec 2023 Direct F1
* 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 August 25, 2023.