QUALCOMM INC/DE — Director's Dealing 2014

Apr 7, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2014-04-03

Reporting Person: JACOBS PAUL E (Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-04-03	Common Stock	M	40700.0	$43.62	Acquired	698715	Indirect
2014-04-03	Common Stock	S	40700.0	$81.2222	Disposed	658015	Indirect
2014-04-04	Common Stock	M	23862.0	$43.62	Acquired	681877	Indirect
2014-04-04	Common Stock	S	23862.0	$81.2524	Disposed	658015	Indirect
2014-04-04	Common Stock	M	5438.0	$44.02	Acquired	663453	Indirect
2014-04-04	Common Stock	S	5438.0	$81.2524	Disposed	658015	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-04-04	Non-Qualified Stock Option (right to buy)	$44.02	M	5438.0	Disposed	2015-11-03	Common Stock (5438)	Direct
2014-04-03	Non-Qualified Stock Option (right to buy)	$43.62	M	40700.0	Disposed	2014-12-02	Common Stock (40700)	Indirect
2014-04-04	Non-Qualified Stock Option (right to buy)	$43.62	M	23862.0	Disposed	2014-12-02	Common Stock (23862)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	29269	Direct
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 $81.21 to $81.28. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: Paul E. Jacobs also indirectly owns 11,440 shares FBO Children.

F5: The sale prices for this transaction ranged from $81.21 to $81.315. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F6: Securities held by Harlan A. Jacobs, Trustee of The Paul E. Jacobs Grantor Retained Annuity Trust (GRAT).

F7: Securities held by Harlan A. Jacobs, Trustee of The Stacy R. Jacobs Grantor Retained Annuity Trust (GRAT).

F8: 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.