QUALCOMM INC/DE — Director's Dealing 2014

Jul 16, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-07-15

Reporting Person: Rosenberg Donald J (EVP & Corporate Secretary)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-15	Common Stock	M	32000.0	$44.75	Acquired	32000	Direct
2014-07-15	Common Stock	S	32000.0	$79.8	Disposed	0	Direct
2014-07-15	Common Stock	M	1000.0	$40.31	Acquired	1000	Direct
2014-07-15	Common Stock	S	1000.0	$79.8	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-15	Non-Qualified Stock Option (right to buy)	$40.31	M	1000.0	Disposed	2017-10-18	Common Stock (1000)	Direct
2014-07-15	Non-Qualified Stock Option (right to buy)	$44.75	M	32000.0	Disposed	2019-11-08	Common Stock (32000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	18483	Indirect

Footnotes

F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F2: The sale prices for this transaction ranged from $79.71 to $79.86. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Securities held by Donald J. Rosenberg and Stacy K. Rosenberg, Trustees of the Rosenberg Family Trust dated October 18, 2011.

F4: The options vest 20% on the one year 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.

F5: 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.