SEC Form 4 · accession 0001567619-19-005431
Qorvo, Inc. · QRVO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Quinsey
Director
Period of report
Feb 25, 2019
Accepted (ET)
Feb 26, 2019 · 4:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001604778
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 30, 2015 | G | 45,865 | $0.00 | D | 84,242 | D | |
| Common StockF1 | Nov 7, 2017 | G | 20,000 | $0.00 | D | 64,242 | D | |
| Common Stock | Feb 25, 2019 | M | 209,349 | $16.89 | A | 273,591 | D | |
| Common StockF2 | Feb 25, 2019 | S | 600 | $69.62 | D | 272,991 | D | |
| Common StockF3 | Feb 25, 2019 | S | 208,749 | $69.01 | D | 64,242 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F4 | $16.89 | Feb 25, 2019 | M | 62,805 | D | Jul 1, 2010 | Apr 1, 2020 | Common Stock | 62,805 | 0 | D |
| Stock Option (Right to Buy)F5 | $16.89 | Feb 25, 2019 | M | 146,544 | D | Jul 1, 2012 | Apr 1, 2020 | Common Stock | 146,544 | 0 | D |
Explanation of responses
- F1The reporting person gifted these shares to the Quinsey Family Foundation on the dates indicated. The Quinsey Family Foundation is a charitable foundation that continues to hold all but 2,000 of these shares as of the date hereof.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.61 to $69.63, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.61 to $69.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The option vested quarterly over three years beginning on this date.
- F5The option vested in four quarterly installments beginning on this date.