CRISTIANO R. AMON - 13 Dec 2023 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role
President & CEO, Director
Signature
By: Jon Russo, Attorney-in-Fact For: Cristiano R. Amon
Issuer symbol
QCOM
Transactions as of
13 Dec 2023
Net transactions value
-$4,426,332
Form type
4
Filing time
15 Dec 2023, 16:16:07 UTC
Previous filing
26 Oct 2023
Next filing
18 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 Award $0 +5,992 +3.2% $0.000000 194,318 13 Dec 2023 by Trust F1
transaction QCOM Common Stock Tax liability $412,375 -2,971 -1.5% $138.80 191,347 13 Dec 2023 by Trust
transaction QCOM Common Stock Award $0 +58,328 +30% $0.000000 249,675 13 Dec 2023 by Trust F1
transaction QCOM Common Stock Tax liability $4,013,957 -28,919 -12% $138.80 220,756 13 Dec 2023 by Trust
holding QCOM Common Stock 40,500 13 Dec 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 Award $0 +57,637 $0.000000 57,637 13 Dec 2023 Common Stock 57,637 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent Performance Stock Units that vested on October 1, 2023. On December 13, 2023, the HR and Compensation Committee determined and certified the number of shares to be paid.
F2 Each Performance Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
F3 These Restricted Stock Units will be fully vested upon the recipient's attainment of Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement) on March 28, 2024. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on December 15, 2024, 2025 and 2026.