QUALCOMM INC/DE — Director's Dealing 2014

Dec 2, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-11-30

Reporting Person: ABERLE DEREK K (President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-11-30	Common Stock	A	38875.0	$0.0	Acquired	69672	Direct
2014-11-30	Common Stock	M	10365.0	$0.0	Acquired	80037	Direct
2014-11-30	Common Stock	F	20285.0	$72.9	Disposed	59752	Direct
2014-11-30	Common Stock	F	5410.0	$72.9	Disposed	54342	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-11-30	Performance Stock Unit	$	A	33929.7987	Acquired	2016-11-09	Common Stock (33929.7987)	Direct
2014-11-30	Performance Stock Unit	$	M	10367.0876	Disposed	2016-11-09	Common Stock (10367.0876)	Direct

Footnotes

F1: These shares represent Performance Stock Units that vested on November 9, 2014. On November 30, 2014, the Compensation Committee certified the number of shares payable based on the performance vesting conditions.

F2: Each Performance Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.

F3: These Performance Stock Units were granted subject to performance vesting and service vesting requirements. On November 30, 2014, the Compensation Committee certified the number of shares payable based on the performance vesting conditions.

F4: These Performance Stock Units include dividend equivalents accrued through the transaction date in the form of additional Performance Stock Units that vest and are paid at the same time and in the same manner as the underlying Performance Stock Units.

F5: The Performance Stock Units (and allocable dividend equivalents)vest in equal one-third amounts on November 9, 2014, 2015 and 2016.