Sec Form 4 Filing - GROB MATTHEW S @ QUALCOMM INC/DE - 2015-05-03

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
GROB MATTHEW S
2. Issuer Name and Ticker or Trading Symbol
QUALCOMM INC/DE [ QCOM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Qualcomm Technologies Inc
(Last) (First) (Middle)
5775 MOREHOUSE DR.
3. Date of Earliest Transaction (MM/DD/YY)
05/03/2015
(Street)
SAN DIEGO, CA92121-1714
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 05/04/2015 M 2,000 A $ 41.36 48,596 I by Trust ( 1 )
Common Stock 05/04/2015 S( 2 ) 2,000 D $ 68.45 46,596 I by Trust ( 1 )
Common Stock 05/05/2015 M 9,760 A $ 0 56,356 I by Trust ( 1 )
Common Stock 05/05/2015 F 3,711 D $ 68.37 52,645 I by Trust ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 41.36 05/04/2015 M 2,000 ( 3 ) 04/23/2019 Common Stock 2,000 $ 0 26,000 D
Restricted Stock Unit ( 4 ) 05/03/2015( 5 ) A 48,800.005 ( 6 ) ( 7 ) 05/05/2019( 7 ) Common Stock 48,800.005 $ 0 48,800.005 D
Restricted Stock Unit ( 8 ) ( 4 ) 05/05/2015 M 9,760.001 ( 7 ) 05/05/2019( 7 ) Common Stock 9,760.001 $ 0 39,040.004 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GROB MATTHEW S
5775 MOREHOUSE DR.
SAN DIEGO, CA92121-1714
EVP, Qualcomm Technologies Inc
Signatures
By: Noreen E. Burns, Attorney-in-Fact For: Matthew S. Grob 05/05/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Securities held by Matthew Grob and Dawn Grob Trustees for the Matthew and Dawn Grob Trust dtd. 8/26/1999.
( 2 )The transaction was conducted under a Rule 10b5-1 trading plan.
( 3 )The options vest 10% on the six month anniversary of the date of grant and the remaining balance vests monthly thereafter. The option is fully vested five years after the date of grant.
( 4 )Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
( 5 )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.
( 6 )These Restricted Stock Units include an initial grant of 47,700 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.
( 7 )The Restricted Stock Units (and allocable dividend equivalents)vest in equal one-fifth amounts on May 5, 2015, 2016, 2017, 2018 and 2019.
( 8 )Beneficial holdings reflected on this report do not include changes in the reporting person's holdings of securities resulting from participation in the issuer's qualified employee stock plan since the last filing of a report disclosing transactions related to such participation

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