secwatch.observer — SEC 8-K summary
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Issuer:     Qorvo, Inc. (QRVO)
CIK:        0001604778
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001604778-23-000057
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Qorvo grants performance-based RSUs to executives; CEO eligible for up to 101,590 shares
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- Grant date May 15, 2023; fair value $93.02 per share (closing price on Nasdaq).
- Awards tied to performance goals including design wins, R&D goals, new products, operational improvements, and ESG enhancements.
- Officers can earn up to 150% of target; max shares: CEO 101,590, CFO 25,156, others 19,350–23,221.
- Earned shares vest 50% at certification, then 25% annually over two years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604778/000160477823000057/0001604778-23-000057-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604778/000160477823000057/rfmd-20230515.htm
  HTML page:      https://secwatch.observer/filing/0001604778-23-000057

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer