Akash J. Palkhiwala - 20 May 2021 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role: EVP & Chief Financial Officer
Signature: By: David Zuckerman, Attorney-in-Fact For: Akash Palkhiwala
Issuer symbol: QCOM
Transactions as of: 20 May 2021
Net transactions value: -$482,146
Form type: 4
Filing time: 21 May 2021, 16:00:39 UTC
Next filing: 24 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	QCOM	Common Stock	Options Exercise	$0	+1,914	+6.5%	$0.000000	31,372	20 May 2021	Direct
transaction	QCOM	Common Stock	Options Exercise	$0	+2,360	+7.5%	$0.000000	33,732	20 May 2021	Direct
transaction	QCOM	Common Stock	Options Exercise	$0	+4,767	+14%	$0.000000	38,499	20 May 2021	Direct
transaction	QCOM	Common Stock	Tax liability	$218,723	-1,649	-4.3%	$132.64	36,850	20 May 2021	Direct
transaction	QCOM	Common Stock	Tax liability	$137,548	-1,037	-2.8%	$132.64	35,813	20 May 2021	Direct
transaction	QCOM	Common Stock	Tax liability	$125,875	-949	-2.6%	$132.64	34,864	20 May 2021	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	QCOM	Restricted Stock Unit	Options Exercise	$0	-4,767	-100%	$0.000000^*	0	20 May 2021	Common Stock	4,767		Direct	F1, F2
transaction	QCOM	Restricted Stock Unit	Options Exercise	$0	-2,361	-50%	$0.000000	2,361	20 May 2021	Common Stock	2,361		Direct	F1, F3
transaction	QCOM	Restricted Stock Unit	Options Exercise	$0	-1,914	-25%	$0.000000	5,743	20 May 2021	Common Stock	1,914		Direct	F1, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
F2	The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on May 20, 2019, 2020 and 2021.
F3	The Restricted Stock Units (and allocable dividend equivalents) vest one-third on November 20, 2019, and the remaining balance vest semi-annually thereafter.
F4	The Restricted Stock Units (and allocable dividend equivalents) vest one-third on November 20, 2020, and the remaining balance vest semi-annually thereafter.