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Qorvo, Inc. Director's Dealing 2015

Jan 5, 2015

30711_dirs_2015-01-05_9806c86b-eb33-466a-a1b1-dd534680135b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Qorvo, Inc. (QRVO)
CIK: 0001604778
Period of Report: 2015-01-01

Reporting Person: Ho David H Y (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-01-01 Stock Option (Right to Buy) $32.27 A 5560 Acquired 2021-05-13 Common Stock (5560) Direct
2015-01-01 Stock Option (Right to Buy) $35.90 A 5100 Acquired 2021-05-12 Common Stock (5100) Direct

Footnotes

F1: Common stock and derivative securities were acquired pursuant to the merger agreement dated February 22, 2014, as amended on July 15, 2014, by and among RF Micro Devices, Inc., TriQuint Semiconductor, Inc. ("TriQuint"), and Qorvo, Inc. ("Qorvo"). Upon the closing of the merger on January 1, 2015, TriQuint became a wholly-owned subsidiary of Qorvo and each share of TriQuint common stock was converted into 0.4187 shares of common stock of Qorvo. Also pursuant to the merger agreement, upon the closing of the merger on January 1, 2015, all TriQuint equity awards were assumed by Qorvo, with such equity awards to be exercisable for or able to be settled in shares of Qorvo common stock, based on the exchange ratio of 0.4187.

F2: The option vests as follows: 25% of the shares subject to the option vest on the date shown, which is six months after the date of grant, and an additional 12.5% of the shares subject to the option vest each calendar quarter thereafter so that the option is fully vested two years following the grant date.