Qualcomm 2012 Annual Report Download - page 33

Share-Based Compensation
We primarily issue stock options and restricted stock units under our equity compensation plans, which are part of a broad-based, long-term
retention program that is intended to attract and retain talented employees and directors and align stockholder and employee interests.
Our 2006 Long-Term Incentive Plan (2006 Plan) provides for the grant of both incentive and non-qualified stock options, restricted stock
units, stock appreciation rights, restricted stock, performance units and shares and other stock-based awards. Options are granted at a price not
less than the fair market value of the stock on the date of grant. Generally, options vest over periods not exceeding five years and are exercisable
for up to ten years from the grant date. Restricted stock units generally vest over periods not exceeding three years from the date of grant. The
Board of Directors may terminate the 2006 Plan at any time.
Additional information regarding our share-based compensation plans and plan activity for fiscal 2012 , 2011 and 2010 is provided in the
notes to our consolidated financial statements in this Annual Report in “Notes to Consolidated Financial Statements, Note 6. Employee Benefit
Plans” and in our 2013 Proxy Statement under the heading “Equity Compensation Plan Information.”
Issuer Purchases of Equity Securities
Issuer purchases of equity securities during the fourth quarter of fiscal 2012 were:
Performance Measurement Comparison of Stockholder Return
The following graph compares total stockholder return on our common stock since September 30, 2007 to two indices: the Standard &
Poor’s 500 Stock Index (the S&P 500) and the NASDAQ-100 Index (NASDAQ-100). The S&P 500 tracks the aggregate price performance of
the equity securities of 500 United States companies selected by Standard & Poor’s Index Committee to include companies in leading industries
and to reflect the United States stock market. The NASDAQ-100 tracks the aggregate price performance of the 100 largest domestic and
international non-financial securities listed on the NASDAQ Stock Market based on market capitalization.
The total return for our stock and for each index assumes the reinvestment of gross dividends and is based on the returns of the component
companies. We began paying dividends on our common stock on March 31, 2003. Our common stock is traded on the NASDAQ Global Select
Market and is a component of each of the S&P 500 and the NASDAQ-100.
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Total Number of
Shares Purchased
Average Price
Paid Per Share
(1)
Total Number of Shares
Purchased as Part of
Publicly Announced Plans
or Programs (1)
Approximate Dollar Value of
Shares that May Yet Be
Purchased Under the Plans or
Programs (2)
(In thousands)
(In thousands) (In millions)
June 25, 2012, to July 22, 2012
13,127
$
54.75
13,127
$
2,909
July 23, 2012 to August 26, 2012
2,159
56.73
2,159
2,786
August 27, 2012 to September 30, 2012
—
—
—
2,786
Total
15,286
55.03
15,286
$
2,786
(1)
Average Price Paid Per Share excludes cash paid for commissions.
(2) On March 6, 2012, we announced that we had been authorized to repurchase up to $4.0 billion of our common stock. At September 30, 2012 , $2.8 billion
remained available for repurchase. The stock repurchase program has no expiration date. Since September 30, 2012 , we repurchased and retired 4,132,000
shares of common stock for $240 million .