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QUALCOMM INC/DE Director's Dealing 2010

Nov 9, 2010

10546_dirs_2010-11-09_1f34a9f0-2a0f-4bde-bcf1-7a4ae5815d23.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-11-05

Reporting Person: GILBERT ANDREW M (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-05 Common Stock M 28000 $37.99 Acquired 36857 Direct
2010-11-05 Common Stock S 28000 $48.0588 Disposed 8857 Direct
2010-11-05 Common Stock M 247500 $38.63 Acquired 256357 Direct
2010-11-05 Common Stock S 247500 $48.0588 Disposed 8857 Direct
2010-11-05 Common Stock M 17845 $43.18 Acquired 26702 Direct
2010-11-05 Common Stock S 17845 $48.0588 Disposed 8857 Direct
2010-11-05 Common Stock M 36000 $41.33 Acquired 44857 Direct
2010-11-05 Common Stock S 36000 $48.0588 Disposed 8857 Direct
2010-11-05 Common Stock M 16000 $37.99 Acquired 24857 Direct
2010-11-05 Common Stock S 16000 $48.0588 Disposed 8857 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-05 Non-Qualified Stock Option (right to buy) $37.99 M 28000 Disposed 2016-10-26 Common Stock (28000) Direct
2010-11-05 Non-Qualified Stock Option (right to buy) $37.99 M 16000 Disposed 2016-10-26 Common Stock (16000) Direct
2010-11-05 Non-Qualified Stock Option (right to buy) $38.63 M 247500 Disposed 2018-01-10 Common Stock (247500) Direct
2010-11-05 Non-Qualified Stock Option (right to buy) $41.33 M 36000 Disposed 2017-10-25 Common Stock (36000) Direct
2010-11-05 Non-Qualified Stock Option (right to buy) $43.18 M 17845 Disposed 2016-01-17 Common Stock (17845) Direct

Footnotes

F1: The sale prices for this transaction ranged from $48.00 to $48.28. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F2: 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.

F3: The options vest 20% on the one year 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.