Akash J. Palkhiwala - 01 Oct 2023 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role: Chief Financial Officer
Signature: By: Jon Russo, Attorney-in-Fact For: Akash J. Palkhiwala
Issuer symbol: QCOM
Transactions as of: 01 Oct 2023
Net transactions value: -$427,470
Form type: 4
Filing time: 02 Oct 2023, 18:35:23 UTC
Previous filing: 07 Dec 2022
Next filing: 15 Dec 2023
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	+5,477	+10%	$0.000000	60,172	01 Oct 2023	Direct	F1
transaction	QCOM	Common Stock	Options Exercise	$0	+5,009	+8.3%	$0.000000	65,181	01 Oct 2023	Direct
transaction	QCOM	Common Stock	Tax liability	$427,470	-3,849	-5.9%	$111.06	61,332	01 Oct 2023	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	-5,477	-100%	$0.000000^*	0	01 Oct 2023	Common Stock	5,477		Direct	F2, F3
transaction	QCOM	Restricted Stock Unit	Options Exercise	$0	-5,009	-50%	$0.000000	5,010	01 Oct 2023	Common Stock	5,009		Direct	F2, F4

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

Explanation of Responses:

Id	Content
F1	Includes 84 and 93 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2023 and July 31, 2023, respectively.
F2	Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F3	These Restricted Stock Units (and allocable dividend equivalents) vested in equal one-third amounts on October 1, 2021, 2022 and 2023.
F4	These Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on October 1, 2022, 2023 and 2024.