Akash J. Palkhiwala - 01 Oct 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role
CFO & COO
Signature
By: Jon Russo, Attorney-in-Fact For: Akash J. Palkhiwala
Issuer symbol
QCOM
Transactions as of
01 Oct 2024
Net transactions value
-$790,615
Form type
4
Filing time
02 Oct 2024, 16:55:38 UTC
Previous filing
04 Sep 2024
Next filing
10 Oct 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Sale $152,257 -922 -1.7% $165.14 53,515 01 Oct 2024 Direct F1, F2
transaction QCOM Common Stock Sale $254,593 -1,533 -2.9% $166.08 51,982 01 Oct 2024 Direct F1, F3
transaction QCOM Common Stock Sale $90,997 -545 -1% $166.97 51,437 01 Oct 2024 Direct F1, F4
transaction QCOM Common Stock Options Exercise $0 +5,107 +9.9% $0.000000 56,544 01 Oct 2024 Direct
transaction QCOM Common Stock Tax liability $292,767 -1,766 -3.1% $165.78 54,778 01 Oct 2024 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 -5,107 -100% $0.000000 0 01 Oct 2024 Common Stock 5,107 Direct F5, F6
* 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 on December 7, 2023.
F2 The sale prices for this transaction ranged from $164.645 to $165.615. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.
F3 The sale prices for this transaction ranged from $165.65 to $166.595. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.
F4 The sale prices for this transaction ranged from $166.775 to $167.14. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.
F5 Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F6 These Restricted Stock Units (and allocable dividend equivalents) vested in equal one-third amounts on October 1, 2022, 2023 and 2024.