Qualcomm (NASDAQ: QCOM) director settles deferred stock units, disposes shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QUALCOMM director Jeffrey William Henderson reported transactions tied to his annual deferred stock unit award. He exercised 2,355.1987 Deferred Stock Units, which were granted on March 8, 2023, converting them into 2,355 shares of Qualcomm common stock at a stated price of $0.00 per share.
Following this settlement, he disposed of 759 shares of Qualcomm common stock back to the company at $135.69 per share, leaving him with 12,035.6901 common shares directly owned. The deferred stock units were fully vested on the grant date and are settled in line with the award’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,355.199 shares exercised/converted
Mixed
3 txns
Insider
Henderson Jeffrey William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Deferred Stock Unit | 2,355.199 | $0.00 | -- |
| Exercise | Common Stock | 2,355 | $0.00 | -- |
| Disposition | Common Stock | 759 | $135.69 | $103K |
Holdings After Transaction:
Deferred Stock Unit — 1,683.173 shares (Direct);
Common Stock — 12,794.69 shares (Direct)
Footnotes (1)
- Represents the settlement of Annual Deferred Stock Units granted to the recipient on March 8, 2023. Each Deferred Stock Unit represents a right to receive one share of the Company's common stock. Deferred Stock Units are 100% vested on the grant date. The units will be settled in shares of the Company's common stock (and partially in cash if election is made within 60 days of the date of grant) in accordance with the grant agreement on the earlier of (1) third anniversary of the date of grant, (2) death, (3) disability, or (4) a change in control.
FAQ
What insider transactions did Qualcomm (QCOM) director Jeffrey Henderson report?
Jeffrey Henderson reported exercising deferred stock units and disposing shares. He converted 2,355.1987 Deferred Stock Units into 2,355 Qualcomm common shares, then disposed of 759 common shares back to Qualcomm at $135.69 per share, according to the Form 4.
What are Qualcomm (QCOM) Deferred Stock Units held by Jeffrey Henderson?
Each Deferred Stock Unit represents a right to receive one Qualcomm common share. The units were 100% vested on the grant date and are settled in shares, or partly in cash if elected within 60 days, under the grant agreement’s terms.
When were Jeffrey Henderson’s Qualcomm (QCOM) Deferred Stock Units originally granted?
The reported Deferred Stock Units were granted on March 8, 2023. These Annual Deferred Stock Units fully vested on that grant date and are settled according to the award agreement upon the earlier of the third anniversary, death, disability, or a change in control.