QUALCOMM INC/DE — Director's Dealing 2016

Sep 30, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2016-09-29

Reporting Person: GROB MATTHEW S (EVP, Qualcomm Technologies Inc)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-09-29	Common Stock	M	51000.0	$58.24	Acquired	84898	Indirect
2016-09-29	Common Stock	S	34000.0	$68.25	Disposed	50898	Indirect
2016-09-29	Common Stock	S	20000.0	$66.25	Disposed	30898	Indirect
2016-09-29	Common Stock	M	23000.0	$43.24	Acquired	53898	Indirect
2016-09-29	Common Stock	S	20000.0	$64.25	Disposed	33898	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-09-29	Non-Qualified Stock Option (right to buy)	$43.24	M	23000.0	Disposed	2018-04-24	Common Stock (23000)	Direct
2016-09-29	Non-Qualified Stock Option (right to buy)	$58.24	M	51000.0	Disposed	2018-07-09	Common Stock (51000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	15000	Indirect
Common Stock	15000	Indirect

Footnotes

F1: Securities held by Matthew Grob and Dawn Grob Trustees for the Matthew and Dawn Grob Trust dtd. 8/26/1999.

F2: The transaction was conducted under a Rule 10b5-1 trading plan.

F3: Securities held by Dawn Grob, Trustee of the Dawn Grob 2015 Irrevocable Trust u/a dtd 3/17/15.

F4: The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter, adjusted for any previously exercised options prior to becoming an affiliate. The option is fully vested five years after the date of grant.

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.