QUALCOMM INC/DE — Director's Dealing 2014

May 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-05-05

Reporting Person: JACOBS PAUL E (Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-05	Common Stock	G	772.0	$0.0	Acquired	30041	Direct
2014-05-05	Common Stock	M	61899.0	$44.02	Acquired	701298	Indirect
2014-05-05	Common Stock	S	61899.0	$79.7154	Disposed	639399	Indirect
2014-05-05	Common Stock	M	8101.0	$44.02	Acquired	647500	Indirect
2014-05-05	Common Stock	S	8101.0	$79.7154	Disposed	639399	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-05	Non-Qualified Stock Option (right to buy)	$44.02	M	61899.0	Disposed	2015-11-03	Common Stock (61899)	Direct
2014-05-05	Non-Qualified Stock Option (right to buy)	$44.02	M	8101.0	Disposed	2015-11-03	Common Stock (8101)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	327399	Indirect
Common Stock	327399	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 $79.71 to $79.73. 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: The options vest 10% on the six month 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.