QUALCOMM INC/DE — Director's Dealing 2018

May 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2018-05-05

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-05-05	Common Stock	M	19821	$0.0	Acquired	131463	Indirect
2018-05-05	Common Stock	F	6970	$52.49	Disposed	124493	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-05-05	Restricted Stock Unit	$	M	19821.3097	Disposed	2019-05-05	Common Stock (19821.3097)	Direct
2018-05-06	Restricted Stock Unit	$	A	45042.5319	Acquired	2020-11-20	Common Stock (45042.5319)	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: Includes 235 shares acquired on July 31, 2017 and 234 shares acquired on January 31, 2018 under the Company's Employee Stock Purchase Plan.

F3: Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.

F4: The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-fifth amounts on May 5, 2015, 2016, 2017, 2018 and 2019.

F5: These Restricted Stock Units were granted subject to performance vesting and service vesting requirements. On May 6, 2018, the Compensation Committee certified that the performance vesting conditions were satisfied.

F6: These Restricted Stock Units include an initial grant of 44,206 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.

F7: The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on November 20, 2018, 2019 and 2020.