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QUALCOMM INC/DE Director's Dealing 2010

Aug 18, 2010

10546_dirs_2010-08-18_cf31c7c7-907d-4041-a354-241c4bb9d5a8.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: 2010-08-16

Reporting Person: JACOBS IRWIN M (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-08-16 Common Stock S 10200 $38.15 Disposed 8693414 Indirect
2010-08-16 Common Stock S 22300 $38.65 Disposed 8671114 Indirect
2010-08-16 Common Stock S 10200 $38.15 Disposed 8693414 Indirect
2010-08-16 Common Stock S 22300 $38.65 Disposed 8671114 Indirect
2010-08-16 Common Stock J 562358 Disposed 8108756 Indirect
2010-08-17 Common Stock G 1000000 Acquired 9108756 Indirect
2010-08-16 Common Stock J 562358 Acquired 5428664 Indirect
2010-08-17 Common Stock G 1000000 Disposed 3428664 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1360.346 Direct

Footnotes

F1: The sale prices for this transaction ranged from $37.50 to $38.49. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

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

F3: The sale prices for this transaction ranged from $38.50 to $38.88. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: Securities held by Nicholas S. Oliva, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F5: This transaction represents the distribution of shares from Mrs. Jacobs' GRAT to the Jacobs Family Trust.

F6: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F7: 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.