QUALCOMM INC/DE — Director's Dealing 2020

May 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2020-05-20

Reporting Person: Palkhiwala Akash J. (EVP & Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-05-20	Common Stock	M	2307	$0.0	Acquired	17910	Direct
2020-05-20	Common Stock	M	4660	$0.0	Acquired	22570	Direct
2020-05-20	Common Stock	M	2438	$0.0	Acquired	25008	Direct
2020-05-20	Common Stock	F	843	$80.63	Disposed	24165	Direct
2020-05-20	Common Stock	F	1612	$80.63	Disposed	22553	Direct
2020-05-20	Common Stock	F	838	$80.63	Disposed	21715	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-05-20	Restricted Stock Unit	$	M	2438.8812	Disposed	2020-11-20	Common Stock (2438.8812)	Direct
2020-05-20	Restricted Stock Unit	$	M	4660.2317	Disposed	2021-05-20	Common Stock (4660.2317)	Direct
2020-05-20	Restricted Stock Unit	$	M	2307.1562	Disposed	2021-11-20	Common Stock (2307.1562)	Direct

Footnotes

F1: Includes 175 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2020.

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: The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2018, and the remaining balance vests semi-annually thereafter.

F4: The Restricted Stock Units (and allocable dividend equivalents) vest in equal one-third amounts on May 20, 2019, 2020 and 2021.

F5: The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2019, and the remaining balance vests semi-annually thereafter.