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 *
MARTIN NEIL
 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)
SVP, Finance and CAO
(Last)
(First)
(Middle)

5775 MOREHOUSE DR.		 3. Date of Earliest Transaction (Month/Day/Year)
02/20/2025
(Street)

SAN DIEGO, CA 92121-1714
(City)
(State)
(Zip)
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing
(Check applicable line)

__X__ Form Filed by One Reporting Person
_____ Form Filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)

2. Transaction Date (Month/Day/Year)

2A. Deemed Execution Date, if any (Month/Day/Year)

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

02/20/2025 M 640A $ 0 828D 

Common Stock

02/20/2025 M 555A $ 0 1,383D 

Common Stock

02/20/2025 M 417A $ 0 1,800D 

Common Stock

02/20/2025 F 595D $173.71,205D 

Common Stock

02/21/2025 S (1)  744D $174.83461 (2) D 


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 (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

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 (Month/Day/Year)

7. Title and Amount of Securities Underlying Derivative Security (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

Restricted Stock Unit

 (3) 02/20/2025 M  640.1051  (4) 11/20/2025 (4)

Common Stock

640.1051 $ 0 1,923.474D 

Restricted Stock Unit

 (3) 02/20/2025 M  555.5402  (5) 11/20/2026 (5)

Common Stock

555.5402 $ 0 3,889.8008D 

Restricted Stock Unit

 (3) 02/20/2025 M  417.3454  (6) 11/20/2027 (6)

Common Stock

417.3454 $ 0 4,598.845D 

Explanation of Responses:
1.

This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2024.

2.

Includes 94 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2025.

3.

Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.

4.

The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2023, and the remaining balance vests quarterly thereafter.

5.

The Restricted Stock Units (and allocable dividend equivalents) vested in equal quarterly amounts beginning on February 20, 2024 and ending on November 20, 2026.

6.

The Restricted Stock Units (and allocable dividend equivalents) vested in equal quarterly amounts beginning on February 20, 2025 and ending on November 20, 2027.



Signatures

By: Jon Russo, Attorney-in-Fact For: Neil Martin

02/21/2025
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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