QUALCOMM INC/DE — Director's Dealing 2013

May 20, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2013-05-16

Reporting Person: GILBERT ANDREW M (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-16	Common Stock	M	17788.0	$44.75	Acquired	50678	Direct
2013-05-16	Common Stock	S	17788.0	$65.8168	Disposed	32890	Direct
2013-05-16	Common Stock	M	45000.0	$38.63	Acquired	77890	Direct
2013-05-16	Common Stock	S	45000.0	$65.8168	Disposed	32890	Direct
2013-05-16	Common Stock	M	4000.0	$41.33	Acquired	36890	Direct
2013-05-16	Common Stock	S	4000.0	$65.8168	Disposed	32890	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-16	Non-Qualified Stock Option (right to buy)	$38.63	M	45000.0	Disposed	2018-01-10	Common Stock (45000)	Direct
2013-05-16	Non-Qualified Stock Option (right to buy)	$41.33	M	4000.0	Disposed	2017-10-25	Common Stock (4000)	Direct
2013-05-16	Non-Qualified Stock Option (right to buy)	$44.75	M	17788.0	Disposed	2019-11-08	Common Stock (17788)	Direct

Footnotes

F1: The sale prices for this transaction ranged from $65.79 to $65.89. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F2: The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter. The option is fully vested five years after the date of grant.

F3: Employee stock options granted under the Company's 2006 Long-Term Incentive Plan. The options vest on each six month date after the date of grant as to 1/8th of the total shares granted until fully vested four years from the date of grant.