QUALCOMM INC/DE — Director's Dealing 2014

Apr 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-04-01

Reporting Person: JACOBS PAUL E (Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-01	Common Stock	M	70000.0	$43.62	Acquired	728015	Indirect
2014-04-01	Common Stock	S	70000.0	$79.71	Disposed	658015	Indirect
2014-04-01	Common Stock	M	17000.0	$43.62	Acquired	675015	Indirect
2014-04-01	Common Stock	S	17000.0	$79.1862	Disposed	658015	Indirect
2014-04-01	Common Stock	M	53000.0	$43.62	Acquired	711015	Indirect
2014-04-01	Common Stock	S	53000.0	$79.1862	Disposed	658015	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-01	Non-Qualified Stock Option (right to buy)	$43.62	M	53000.0	Disposed	2014-12-02	Common Stock (53000)	Direct
2014-04-01	Non-Qualified Stock Option (right to buy)	$43.62	M	70000.0	Disposed	2014-12-02	Common Stock (70000)	Indirect
2014-04-01	Non-Qualified Stock Option (right to buy)	$43.62	M	17000.0	Disposed	2014-12-02	Common Stock (17000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29269	Direct
Common Stock	327399	Indirect
Common Stock	327399	Indirect

Footnotes

F1: Securities held by Paul E. Jacobs and Stacy Jacobs Trustees for the Paul & Stacy Jacobs Family Trust dtd. 5/3/00.

F2: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F3: The sale prices for this transaction ranged from $79.71 to $79.7150. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: The sale prices for this transaction ranged from $79.00 to $79.26. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F5: Securities held by Harlan A. Jacobs, Trustee of The Paul E. Jacobs Grantor Retained Annuity Trust (GRAT).

F6: Securities held by Harlan A. Jacobs, Trustee of The Stacy R. Jacobs Grantor Retained Annuity Trust (GRAT).

F7: 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.