QUALCOMM INC/DE — Director's Dealing 2014

Feb 13, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-02-11

Reporting Person: SULLIVAN DANIEL L (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-11	Common Stock	M	28450.0	$44.75	Acquired	37490	Indirect
2014-02-11	Common Stock	S	28450.0	$75.7031	Disposed	9040	Indirect
2014-02-12	Common Stock	M	34900.0	$44.75	Acquired	43940	Indirect
2014-02-12	Common Stock	S	34900.0	$75.7199	Disposed	9040	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-11	Non-Qualified Stock Option (right to buy)	$44.75	M	28450.0	Disposed	2019-11-08	Common Stock (28450)	Direct
2014-02-12	Non-Qualified Stock Option (right to buy)	$44.75	M	34900.0	Disposed	2019-11-08	Common Stock (34900)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	9469	Direct

Footnotes

F1: Securities held by Daniel L. Sullivan & Kathryn Sullivan, Trustees of the Sullivan Family Trust dtd. 9/2/99.

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 $75.70 to $75.725. 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 $75.70 to $75.76. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

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.