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QUALCOMM INC/DE — Director's Dealing 2010
Oct 4, 2010
10546_dirs_2010-10-04_63c525f3-8eca-48ef-8ede-6a4a00f6c2a5.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-09-30
Reporting Person: ABERLE DEREK K (Executive Vice President)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-09-30 | Common Stock | M | 2000 | $35.66 | Acquired | 3034 | Direct |
| 2010-09-30 | Common Stock | S | 2000 | $45 | Disposed | 1034 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-09-30 | Non-Qualified Stock Option (right to buy) | $35.66 | M | 2000 | Disposed | 2018-11-06 | Common Stock (2000) | Direct |
| 2010-09-30 | Phantom Stock Unit | $1 | A | 271 | Acquired | Common Stock (271) | Indirect |
Footnotes
F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.
F2: Includes 266 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2010 and 314 shares acquired under the Company's Employee Stock Purchase Plan on July 31, 2010
F3: The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter. The option is fully vested five years after the date of grant.
F4: The common stock issued under the terms of the Company's Executive Retirement Matching Contribution Plan, a tax conditioned plan, is exempt under Rule 16b-3. The shares are held in a grantor trust and stock is the only permissable form of distribution under the Plan.
F5: The rights awarded under the Company's Executive Retirement Matching Contribution Plan will be eligible for distribution upon termination and vest according to the following schedule: 100% at age 65 with acceleration provisions (1) at the rate of 25% per year for each subsequent year of participation, (2) after the individual reaches age 61, or (3) if they have more than 10 years of service.
F6: The rights awarded under the Company's Executive Retirement Matching Contribution Plan will be eligible for distribution upon termination.