AI assistant
QUALCOMM INC/DE — Director's Dealing 2023
Dec 18, 2023
10546_dirs_2023-12-18_b11a67ab-735d-42a9-8930-ede00a616b7f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2023-12-15
Reporting Person: CATHEY JAMES J (Chief Commercial Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-12-15 | Common Stock | M | 3329 | $0.0 | Acquired | 7779 | Direct |
| 2023-12-15 | Common Stock | F | 1807 | $143.13 | Disposed | 5972 | Direct |
| 2023-12-15 | Common Stock | M | 386 | $0.0 | Acquired | 6358 | Direct |
| 2023-12-15 | Common Stock | F | 386 | $143.13 | Disposed | 5972 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2023-12-15 | Restricted Stock Unit | $ | M | 3329.0933 | Disposed | 2025-12-15 | Common Stock (3329.0933) | Direct |
| 2023-12-15 | Restricted Stock Unit | $ | M | 386 | Disposed | 2026-12-15 | Common Stock (386) | 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 December 2023 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: 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 six 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.
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 are fully vested on 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.