In recognition of the outstanding efforts of the executive management team, both individually and as leaders of the teams involved, in achieving the recently announced license agreement and chipset supply agreement with Apple, Inc. (“Apple”) and the resolution of the disputes with Apple and its contract manufacturers, on May 6, 2019 and May 8, 2019, the Compensation Committee of the Board of Directors of QUALCOMM Incorporated (the “Company”) granted fully-vested shares of the Company’s common stock to members of the executive management team. In making these grants, the Compensation Committee considered the anticipated long-term stockholder value resulting from these agreements with one of the Company’s key customers. The grants were made under the Company's 2016 Long-Term Incentive Plan, as amended, and are distinct from the increased funding for the Company’s annual non-executive employee cash incentive program discussed on the Company’s fiscal second quarter earnings call.
The grants to the CEO, Interim CFO and other named executive officers were as follows:
Name
Number of Shares
Steve Mollenkopf
40,794
Cristiano R. Amon
24,930
James H. Thompson
19,264
Donald J. Rosenberg
14,165
David E. Wise
2,958