QUALCOMM INC/DE — Director's Dealing 2010

Apr 29, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-04-28

Reporting Person: JACOBS IRWIN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-27	Common Stock	G	1000000	—	Acquired	9300446	Indirect
2010-04-28	Common Stock	J	561561	—	Disposed	8738885	Indirect
2010-04-27	Common Stock	G	1000000	—	Disposed	3541305	Indirect
2010-04-28	Common Stock	J	561561	—	Acquired	4664427	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	595.805	Direct
Common Stock	8738885	Indirect

Footnotes

F1: Gift to Spouse's Grantor Retained Annuity Trust (GRAT) who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by Mrs. Jacobs' GRAT, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.

F2: Securities held by Nicholas S. Oliva, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F3: This transaction represents the distribution of shares from Mrs. Jacobs' GRAT to the Jacobs Family Trust.

F4: Securities held by Irwin M. Jacobs & Joan Klein Jacobs as Trustees of the Irwin Mark Jacobs & Joan Klein Jacobs Family Trust UTA dtd 6/2/80, as amended 6/30/92.

F5: Securities held by Nicholas S. Oliva, Trustee of the Irwin Mark Jacobs' Grantor Retained Annuity Trust.