Baaziz Achour - Feb 3, 2025 Form 3 Insider Report for QUALCOMM INC/DE (QCOM)

Role
Chief Technology Officer
Signature
By: Jon Russo, Attorney-in-Fact For: Baaziz Achour
Stock symbol
QCOM
Transactions as of
Feb 3, 2025
Transactions value $
$0
Form type
3
Date filed
2/3/2025, 04:51 PM
Next filing
Feb 21, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding QCOM Common Stock 79.8K Feb 3, 2025 by Trust F1

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
holding QCOM Phantom Stock Unit Feb 3, 2025 Common Stock 11.8K $0.00 by Grantor Trust F2, F3, F4
holding QCOM Restricted Stock Unit Feb 3, 2025 Common Stock 2.68K Direct F5, F6
holding QCOM Restricted Stock Unit Feb 3, 2025 Common Stock 4.52K Direct F6, F7
holding QCOM Restricted Stock Unit Feb 3, 2025 Common Stock 5.87K Direct F6, F8
holding QCOM Restricted Stock Unit Feb 3, 2025 Common Stock 17K Direct F6, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by the reporting person's family trust, for which the reporting person and his spouse are trustees. Members of the reporting person's immediate family are the sole beneficiaries of the trust.
F2 The common stock issued under the terms of the Company's Non-Qualified Deferred Compensation Plan, a tax conditioned plan, is exempt under Rule 16b-3. The shares are held in a grantor trust and stock is the only permissible form of distribution under the Plan.
F3 The rights awarded under the Company's Non-Qualified Deferred Compensation Plan will be eligible for distribution upon termination and vest 100% after 2 years of continuous service with the Company.
F4 The rights awarded under the Company's Non-Qualified Deferred Compensation Plan will be eligible for distribution upon termination.
F5 The Restricted Stock Units (and allocable dividend equivalents) vested one-third on May 20, 2023, and the remaining balance vested semi-annually thereafter.
F6 Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F7 The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2023, and the remaining balance vested quarterly thereafter.
F8 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.
F9 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 will be 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 October 15, 2025, 2026 and 2027.