SEC Form 4 · accession 0001205233-18-000030
QUALCOMM INC/DE · QCOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew S Grob
Officer — EVP, Technology
Period of report
May 5, 2018
Accepted (ET)
May 7, 2018 · 7:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000804328
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 5, 2018 | M | 10,902 | $0.00 | A | 10,902 | D | |
| Common StockF1 | May 5, 2018 | F | 3,770 | $52.49 | D | 7,132 | D | |
| Common Stock | holding | — | — | — | 19,580 | I | By GRAT | |
| Common StockF2 | holding | — | — | — | 19,580 | I | by GRAT S | |
| Common StockF3 | holding | — | — | — | 37,071 | I | by Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | — | May 5, 2018 | M | 10,902 | D | — | May 5, 2019 | Common Stock | 10,902 | 10,902 | D |
| Restricted Stock UnitF6,F7,F4,F8 | — | May 6, 2018 | A | 13,513 | A | — | Nov 20, 2020 | Common Stock | 13,513 | 13,513 | D |
Explanation of responses
- F1Includes 234 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2018.
- F2Securities held by Dawn Grob, Trustee of the Dawn Grob 2015 Irrevocable Trust u/a dtd 3/17/15.
- F3Securities held by Matthew Grob and Dawn Grob Trustees for the Matthew and Dawn Grob Trust dtd. 8/26/1999.
- F4Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
- F5The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-fifth amounts on May 5, 2015, 2016, 2017, 2018 and 2019.
- F6These Restricted Stock Units were granted subject to performance vesting and service vesting requirements. On May 6, 2018, the Compensation Committee certified that the performance vesting conditions were satisfied.
- F7These Restricted Stock Units include an initial grant of 13,262 Restricted Stock Units, plus dividend equivalents accrued through the transaction date in the form of additional Restricted Stock Units that vest and are paid at the same time and in the same manner as the underlying Restricted Stock Units.
- F8The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on November 20, 2018, 2019 and 2020.