QUALCOMM INC/DE — Director's Dealing 2017

May 10, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2017-05-08

Reporting Person: JACOBS PAUL E (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-09	Common Stock	G	416	$0.0	Acquired	1005451	Indirect
2017-05-08	Common Stock	M	207063	$0.0	Acquired	1012514	Indirect
2017-05-08	Common Stock	F	105505	$54.62	Disposed	907009	Indirect
2016-11-09	Common Stock	G	416	$0.0	Acquired	950	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-05-08	Restricted Stock Unit	$	M	207063.7654	Disposed	2019-05-05	Common Stock (207063.7654)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	200000	Indirect

Footnotes

F1: Securities held by Paul E. Jacobs Trust U/A Dtd 11/07/2014.

F2: Securities held by Paul E. Jacobs Trust U/A Dtd 11/07/2014. Includes 101,558 shares which are subject to transfer restrictions pursuant to the underlying Executive Restricted Stock Unit Agreement under the Qualcomm Incorporated 2006 Long-Term Incentive Plan.

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

F4: Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.

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