QUALCOMM INC/DE — Director's Dealing 2014

Oct 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-10-01

Reporting Person: JACOBS PAUL E (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-10-01	Common Stock	M	41981.0	$44.75	Acquired	642007	Indirect
2014-10-01	Common Stock	S	41981.0	$74.5822	Disposed	600026	Indirect
2014-10-01	Common Stock	M	22817.0	$44.75	Acquired	622843	Indirect
2014-10-01	Common Stock	S	22817.0	$74.5822	Disposed	600026	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-10-01	Non-Qualified Stock Option (right to buy)	$44.75	M	22817.0	Disposed	2019-11-08	Common Stock (22817)	Direct
2014-10-01	Non-Qualified Stock Option (right to buy)	$44.75	M	41981.0	Disposed	2019-11-08	Common Stock (41981)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30041	Direct
Common Stock	291507	Indirect
Common Stock	291507	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 $74.43 to $74.68. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: Securities held by Harlan A. Jacobs, Trustee of The Paul E. Jacobs Grantor Retained Annuity Trust (GRAT).

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

F6: 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.