JAMES H. THOMPSON - 15 Dec 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Role: Chief Technology Officer
Signature: By: Jon Russo, Attorney-in-Fact For: James H. Thompson
Issuer symbol: QCOM
Transactions as of: 15 Dec 2024
Net transactions value: -$1,630,481
Form type: 4
Filing time: 16 Dec 2024, 17:39:38 UTC
Previous filing: 10 Dec 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	Options Exercise	$0	+10,742	+4.6%	$0.000000	242,611	15 Dec 2024	Direct
transaction	QCOM	Common Stock	Options Exercise	$0	+8,605	+3.5%	$0.000000	251,216	15 Dec 2024	Direct
transaction	QCOM	Common Stock	Tax liability	$1,442,940	-9,102	-3.6%	$158.53	242,114	15 Dec 2024	Direct
transaction	QCOM	Common Stock	Options Exercise	$0	+1,183	+0.49%	$0.000000	243,297	15 Dec 2024	Direct	F1
transaction	QCOM	Common Stock	Tax liability	$187,541	-1,183	-0.49%	$158.53	242,114	15 Dec 2024	Direct	F1
holding	QCOM	Common Stock						45,453	15 Dec 2024	by Spouse's Trust	F2
holding	QCOM	Common Stock						45,453	15 Dec 2024	by Trust	F2

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	-10,743	-50%	$0.000000	10,744	15 Dec 2024	Common Stock	10,743		Direct	F3, F4
transaction	QCOM	Restricted Stock Unit	Options Exercise	$0	-8,605	-29%	$0.000000	20,761	15 Dec 2024	Common Stock	8,605		Direct	F3, F5
transaction	QCOM	Restricted Stock Unit	Options Exercise	$0	-1,183	-5.7%	$0.000000	19,578	15 Dec 2024	Common Stock	1,183		Direct	F3, F5

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

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to the reporting person in December 2023 became fully vested upon the reporting person's attainment of Normal Retirement Age (as defined in such agreements). These shares represent shares withheld to cover the tax liability associated with the vesting of such Restricted Stock Units.
F2	Securities held by Premier Trust, as trustee.
F3	Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F4	Because the recipient has met the other conditions for Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement), these Restricted Stock Units became fully vested on the date that is three months after the grant date. The vested Restricted Stock Units (and allocable dividend equivalents) will be converted and shares issued in three equal annual installments on December 15, 2023, 2024 and 2025.
F5	Because the recipient has met the other conditions for Normal Retirement Age (as defined in the applicable Executive Restricted Stock Unit Award Agreement), these Restricted Stock Units became fully vested on the date that is three months after the grant date. 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.