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QUALCOMM INC/DE — Director's Dealing 2022
Nov 17, 2022
10546_dirs_2022-11-17_22ba2f10-878b-48a4-b63e-c0c2f092ca41.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: 2022-11-16
Reporting Person: CATHEY JAMES J (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-11-16 | Common Stock | M | 210.5682 | $0.0 | Acquired | 1127.5682 | Direct |
| 2022-11-16 | Common Stock | F | 210.5682 | $120.73 | Disposed | 917 | Direct |
| 2022-11-16 | Common Stock | M | 314.84 | $0.0 | Acquired | 1231.84 | Direct |
| 2022-11-16 | Common Stock | F | 314.84 | $120.73 | Disposed | 917 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-16 | Restricted Stock Unit | $ | M | 210.5682 | Disposed | 2025-05-20 | Common Stock (210.5682) | Direct |
| 2022-11-16 | Restricted Stock Unit | $ | M | 314.84 | Disposed | 2025-05-20 | Common Stock (314.84) | Direct |
Footnotes
F1: Pursuant to the terms of the Executive Restricted Stock Unit Agreements governing the applicable awards, the Restricted Stock Units granted to Mr. Cathey in May 2022 became fully vested upon Mr. Cathey'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: Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F3: These Restricted Stock Units vested and the converted shares were issued and withheld to cover the tax liability associated with the vesting of 5,975 Restricted Stock Units granted to Mr. Cathey on May 16, 2022 and which accelerated vesting upon his attainment of Normal Retirement Age. The remainder of the vested Restricted Stock Units will be converted and shares issued in three equal annual installments on May 20, 2023, 2024 and 2025.
F4: These Restricted Stock Units vested and the converted shares were issued and withheld to cover the tax liability associated with the vesting of 8,962 Restricted Stock Units granted to Mr. Cathey on May 16, 2022 and which accelerated vesting upon his attainment of Normal Retirement Age. The remainder of the vested Restricted Stock Units will be converted and shares issued in three equal annual installments on May 20, 2023, 2024 and 2025.