SEC Form 4 · accession 0001234452-16-000433
QUALCOMM INC/DE · QCOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle M Sterling
Officer — EVP, Human Resources
Period of report
May 1, 2016
Accepted (ET)
May 2, 2016 · 5:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000804328
Table I — non-derivative securities
No Table I lines on this filing.
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,F1,F4 | — | May 1, 2016 | A | 6,610 | A | — | Nov 20, 2018 | Common Stock | 6,610 | 6,610 | D |
| Restricted Stock UnitF2,F5,F1,F4 | — | May 1, 2016 | A | 9,867 | A | — | Nov 20, 2018 | Common Stock | 9,867 | 16,477 | D |
Explanation of responses
- F1Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
- F2These Restricted Stock Units were granted subject to performance vesting and service vesting requirements. On May 1, 2016, the Compensation Committee certified that the performance vesting conditions were satisfied.
- F3These Restricted Stock Units include an initial grant of 6,483 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.
- F4The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on November 20, 2016, 2017 and 2018.
- F5These Restricted Stock Units include an initial grant of 9,677 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.