QUALCOMM INC/DE — Director's Dealing 2010

Oct 20, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-10-18

Reporting Person: PADOVANI ROBERTO (EVP & Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-10-18	Common Stock	M	320000	$43	Acquired	320000	Indirect
2010-10-18	Common Stock	S	320000	$44.3751	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-10-18	Non-Qualified Stock Option (right to buy)	$43	M	320000	Disposed	2010-11-16	Common Stock (320000)	Direct

Footnotes

F1: Securities held by Roberto Padovani and Colleen A. Padovani Trustees for the Padovani Family Trust dtd. 6/10/96.

F2: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F3: The sale prices for this transaction ranged from $44.1300 to $44.8000. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F4: Employee stock options granted under the Company's 1991 Stock Option Plan. The options vest as to 10% of the total shares granted on May 17, 2001 and as to 1/60th of the total shares granted on each monthly anniversary beginning on June 17, 2001.