SEC Form 4 · accession 0001234452-15-000153
QUALCOMM INC/DE · QCOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew S Grob
Officer — EVP, Qualcomm Technologies Inc
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 4, 2015 | M | 2,000 | $41.36 | A | 48,596 | I | by Trust |
| Common StockF1 | May 4, 2015 | S | 2,000 | $68.45 | D | 46,596 | I | by Trust |
| Common StockF1 | May 5, 2015 | M | 9,760 | $0.00 | A | 56,356 | I | by Trust |
| Common StockF1 | May 5, 2015 | F | 3,711 | $68.37 | D | 52,645 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F3 | $41.36 | May 4, 2015 | M | 2,000 | D | — | Apr 23, 2019 | Common Stock | 2,000 | 26,000 | D |
| Restricted Stock UnitF5,F6,F4,F7 | — | May 3, 2015 | A | 48,800 | A | — | May 5, 2019 | Common Stock | 48,800 | 48,800 | D |
| Restricted Stock UnitF8,F4,F7 | — | May 5, 2015 | M | 9,760 | D | — | May 5, 2019 | Common Stock | 9,760 | 39,040 | D |
Explanation of responses
- F1Securities held by Matthew Grob and Dawn Grob Trustees for the Matthew and Dawn Grob Trust dtd. 8/26/1999.
- F2The transaction was conducted under a Rule 10b5-1 trading plan.
- F3The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter. The option is fully vested five years after the date of grant.
- F4Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
- F5These 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.
- F6These Restricted Stock Units include an initial grant of 47,700 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.
- F7The Restricted Stock Units (and allocable dividend equivalents)vest in equal one-fifth amounts on May 5, 2015, 2016, 2017, 2018 and 2019.
- F8Beneficial holdings reflected on this report do not include changes in the reporting person's holdings of securities resulting from participation in the issuer's qualified employee stock plan since the last filing of a report disclosing transactions related to such participation