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QUALCOMM INC/DE Director's Dealing 2010

Nov 8, 2010

10546_dirs_2010-11-08_9742f697-e0d7-4873-946b-7bdeeebf9c24.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: 2010-11-04

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-04 Common Stock M 16251 $43.24 Acquired 31956.5288 Direct
2010-11-04 Common Stock S 16251 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 26251 $41.7 Acquired 41956.5288 Direct
2010-11-04 Common Stock S 26251 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 1143 $33.57 Acquired 16848.5288 Direct
2010-11-04 Common Stock S 1143 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 20016 $33.57 Acquired 35721.5288 Direct
2010-11-04 Common Stock S 20016 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 24000 $42.16 Acquired 39705.5288 Direct
2010-11-04 Common Stock S 24000 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 17888 $33.02 Acquired 33593.5288 Direct
2010-11-04 Common Stock S 17888 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 10000 $22.44 Acquired 25705.5288 Direct
2010-11-04 Common Stock S 10000 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 1834 $44.75 Acquired 17539.5288 Direct
2010-11-04 Common Stock S 1834 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 14000 $44.63 Acquired 29705.5288 Direct
2010-11-04 Common Stock S 14000 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 27000 $41.33 Acquired 42705.5288 Direct
2010-11-04 Common Stock S 27000 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 21654 $37.99 Acquired 37359.5288 Direct
2010-11-04 Common Stock S 21654 $48.68 Disposed 15705.5288 Direct
2010-11-04 Common Stock M 36563 $35.66 Acquired 52268.5288 Direct
2010-11-04 Common Stock S 36563 $48.68 Disposed 15705.5288 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-04 Non-Qualified Stock Option (right to buy) $22.44 M 10000 Disposed 2013-10-16 Common Stock (10000) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $33.02 M 17888 Disposed 2014-04-15 Common Stock (17888) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $33.57 M 1143 Disposed 2015-04-14 Common Stock (1143) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $33.57 M 20016 Disposed 2015-04-14 Common Stock (20016) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $35.66 M 36563 Disposed 2018-11-06 Common Stock (36563) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $41.33 M 27000 Disposed 2017-10-25 Common Stock (27000) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $41.7 M 26251 Disposed 2015-10-13 Common Stock (26251) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $42.16 M 24000 Disposed 2014-10-14 Common Stock (24000) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $43.24 M 16251 Disposed 2018-04-24 Common Stock (16251) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $44.63 M 14000 Disposed 2017-04-26 Common Stock (14000) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $44.63 M 21654 Disposed 2017-04-26 Common Stock (21654) Direct
2010-11-04 Non-Qualified Stock Option (right to buy) $44.75 M 1834 Disposed 2019-11-08 Common Stock (1834) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 50 Indirect
Common Stock 100 Indirect

Footnotes

F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F2: Securities held by Mitchell J. Lederer (UTMA/CA) and James P. Lederer (C/F).

F3: Securities held in two separate Joint Accounts: 50 shares are held by Kyle R. Lederer and James P. Lederer (JTWROS) and 50 shares are held by Brian K. Lederer and James P. Lederer (JTWROS).

F4: 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.

F5: Employee stock options granted under the Company's 2006 Long-Term Incentive Plan. The options vest on each six month date after the date of grant as to 1/8th of the total shares granted until fully vested four years from the date of grant.