Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On November 18, 2020, the Board of Directors (the "Board") of QUALCOMM
Incorporated (the "Company") elected Sylvia Acevedo and Gregory Johnson to the
Board. Ms. Acevedo and Mr. Johnson were elected for a term of office that
expires at the Company's next annual meeting of stockholders. There was not and
is not any arrangement or understanding between Ms. Acevedo or Mr. Johnson and
any other person pursuant to which either of them was selected as a director.
The Board appointed Ms. Acevedo to its Governance Committee and Mr. Johnson to
its HR and Compensation Committee. Ms. Acevedo and Mr. Johnson will receive
compensation for their service as a non-employee director of the Company under
the Qualcomm Incorporated 2020 Director Compensation Plan (the "Director
Compensation Plan"). The components of the Director Compensation Plan are
described in Exhibit 10.18 to the Company's Form 10-K for its fiscal year ended
September 27, 2020. Under the Director Compensation Plan, on November 18, 2020,
Ms. Acevedo and Mr. Johnson were each granted 1,036 deferred stock units (DSUs),
representing a pro rata portion of the value of a DSU award for a full year of
service on the Board.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses