SEC Form 4 · accession 0001234452-15-000152
QUALCOMM INC/DE · QCOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George S Davis
Officer — EVP & Chief Financial Officer
Period of report
May 3, 2015
Accepted (ET)
May 5, 2015 · 8:22 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 StockF1 | May 5, 2015 | M | 17,746 | $0.00 | A | 59,623 | I | by Trust |
| Common StockF1 | May 5, 2015 | F | 9,260 | $68.37 | D | 50,363 | 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 UnitF3,F4,F2,F5 | — | May 3, 2015 | A | 88,727 | A | — | May 5, 2019 | Common Stock | 88,727 | 88,727 | D |
| Restricted Stock UnitF2,F5 | — | May 5, 2015 | M | 17,746 | D | — | May 5, 2019 | Common Stock | 17,746 | 70,981 | D |
Explanation of responses
- F1Securities held by George S. Davis, Trustee for the George S. and Nancy N. Davis Family Trust dtd. 4/22/1997.
- F2Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
- F3These Restricted Stock Units were granted subject to performance vesting and service vesting requirements. On May 3, 2015, the Compensation Committee certified that the performance vesting conditions were satisfied.
- F4These Restricted Stock Units include an initial grant of 86,727 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.
- F5The Restricted Stock Units (and allocable dividend equivalents)vest in equal one-fifth amounts on May 5, 2015, 2016, 2017, 2018 and 2019.