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 OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Palkhiwala Akash J.
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 & Chief Financial Officer
(Last)          (First)          (Middle)

5775 MOREHOUSE DR.
3. Date of Earliest Transaction (MM/DD/YYYY)

11/20/2020
(Street)

SAN DIEGO, CA 92121-1714
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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 11/20/2020  M  3791 A$0.0 28800 D  
Common Stock 11/20/2020  M  2338 A$0.0 31138 D  
Common Stock 11/20/2020  M  2470 A$0.0 33608 D  
Common Stock 11/20/2020  F  1225 D$146.03 32383 D  
Common Stock 11/20/2020  F  1159 D$146.03 31224 D  
Common Stock 11/20/2020  F  1880 D$146.03 29344 D  

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Unit  (1)11/20/2020  M     2470.9347   (2)11/20/2020 (2)Common Stock 2470.9347 $0.0 0 D  
Restricted Stock Unit  (1)11/20/2020  M     2338.5476   (3)11/20/2021 (3)Common Stock 2338.5476 $0.0 4677.0952 D  
Restricted Stock Unit  (1)11/20/2020  M     3791.3218   (4)11/20/2022 (4)Common Stock 3791.3218 $0.0 7585.7319 D  

Explanation of Responses:
(1) Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and is converted into common stock upon vesting.
(2) The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2018, and the remaining balance vested semi-annually thereafter.
(3) The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2019, and the remaining balance vests semi-annually thereafter.
(4) The Restricted Stock Units (and allocable dividend equivalents) vest one-third on November 20, 2020, and the remaining balance vests semi-annually thereafter.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Palkhiwala Akash J.
5775 MOREHOUSE DR.
SAN DIEGO, CA 92121-1714


EVP & Chief Financial Officer

Signatures
By: David Zuckerman, Attorney-in-Fact For: Akash Palkhiwala11/23/2020
**Signature of Reporting PersonDate

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