QUALCOMM INC/DE — Director's Dealing 2014

Sep 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-09-02

Reporting Person: JACOBS PAUL E (Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-09-03	Common Stock	S	9352.0	$75.1471	Disposed	291507	Indirect
2014-09-03	Common Stock	S	9352.0	$75.1471	Disposed	291507	Indirect
2014-09-02	Common Stock	M	70000.0	$44.75	Acquired	689713	Indirect
2014-09-02	Common Stock	S	70000.0	$75.822	Disposed	619713	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-09-02	Non-Qualified Stock Option (right to buy)	$44.75	M	70000.0	Disposed	2019-11-08	Common Stock (70000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	30041	Direct

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 $74.84 to $75.70. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Securities held by Harlan A. Jacobs, Trustee of The Paul E. Jacobs Grantor Retained Annuity Trust (GRAT).

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

F5: Securities held by Paul E. Jacobs and Stacy Jacobs Trustees for the Paul & Stacy Jacobs Family Trust dtd. 5/3/00.

F6: The sale prices for this transaction ranged from $75.52 to $76.08. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F7: 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.