SEC Form 4 · accession 0001205233-18-000034
QUALCOMM INC/DE · QCOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James H Thompson
Officer — EVP, Engineering & CTO
Period of report
May 5, 2018
Accepted (ET)
May 8, 2018 · 4:23 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 | 97,258 | D | |
| Common Stock | May 5, 2018 | M | 14,363 | $0.00 | A | 111,621 | D | |
| Common Stock | May 5, 2018 | F | 5,406 | $52.49 | D | 106,215 | D | |
| Common Stock | May 5, 2018 | F | 7,121 | $52.49 | D | 99,094 | D | |
| Common StockF1 | holding | — | — | — | 3,135 | I | Childrens' 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 UnitF2,F3 | — | May 5, 2018 | M | 10,902 | D | — | May 5, 2019 | Common Stock | 10,902 | 39,629 | D |
| Restricted Stock UnitF2,F3 | — | May 5, 2018 | M | 14,363 | D | — | May 5, 2019 | Common Stock | 14,363 | 25,265 | D |
| Restricted Stock UnitF4,F5,F2,F6 | — | May 6, 2018 | A | 55,852 | A | — | Nov 20, 2020 | Common Stock | 55,852 | 55,852 | D |
Explanation of responses
- F1Shares are held in individual trusts for the benefit of the reporting person's children. Dr. Thompson disclaims all beneficial ownership for the shares held in trusts for the benefit of his children.
- F2Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
- F3The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on May 5, 2017, 2018 and 2019.
- F4These 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.
- F5These Restricted Stock Units include an initial grant of 54,815 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.
- F6The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on November 20, 2018, 2019 and 2020.