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QUALCOMM INC/DE Director's Dealing 2010

Jan 7, 2010

10546_dirs_2010-01-07_c386ea4f-683a-482e-98c1-1c744729bcf8.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: 2010-01-05

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-01-05 Common Stock M 2500 $35.66 Acquired 19713.653 Direct
2010-01-05 Common Stock S 2500 $47.9 Disposed 17213.653 Direct
2010-01-05 Common Stock M 751 $37.99 Acquired 17964.653 Direct
2010-01-05 Common Stock S 751 $47.9 Disposed 17213.653 Direct
2010-01-05 Common Stock M 35 $33.57 Acquired 17248.653 Direct
2010-01-05 Common Stock S 35 $47.9 Disposed 17213.653 Direct
2010-01-05 Common Stock M 583 $33.57 Acquired 17796.653 Direct
2010-01-05 Common Stock S 583 $47.9 Disposed 17213.653 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-01-05 Non-Qualified Stock Option (right to buy) $33.57 M 35 Disposed 2015-04-14 Common Stock (35) Direct
2010-01-05 Non-Qualified Stock Option (right to buy) $33.57 M 583 Disposed 2015-04-14 Common Stock (583) Direct
2010-01-05 Non-Qualified Stock Option (right to buy) $35.66 M 2500 Disposed 2018-11-06 Common Stock (2500) Direct
2010-01-05 Non-Qualified Stock Option (right to buy) $37.99 M 751 Disposed 2016-10-26 Common Stock (751) 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.