QUALCOMM INC/DE — Director's Dealing 2015

May 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2015-05-03

Reporting Person: Davis George S (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-05	Common Stock	M	17746.0	$0.0	Acquired	59623	Indirect
2015-05-05	Common Stock	F	9260.0	$68.37	Disposed	50363	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-03	Restricted Stock Unit	$	A	88727.0035	Acquired	2019-05-05	Common Stock (88727.0035)	Direct
2015-05-05	Restricted Stock Unit	$	M	17746.0145	Disposed	2019-05-05	Common Stock (17746.0145)	Direct

Footnotes

F1: Securities held by George S. Davis, Trustee for the George S. and Nancy N. Davis Family Trust dtd. 4/22/1997.

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

F3: These Restricted Stock Units were granted subject to performance vesting and service vesting requirements. On May 3, 2015, the Compensation Committee certified that the performance vesting conditions were satisfied.

F4: These Restricted Stock Units include an initial grant of 86,727 Restricted Stock Units, plus dividend equivalents accrued through the transaction date in the form of additional Restricted Stock Units that vest and are paid at the same time and in the same manner as the underlying Restricted Stock Units.

F5: The Restricted Stock Units (and allocable dividend equivalents)vest in equal one-fifth amounts on May 5, 2015, 2016, 2017, 2018 and 2019.