QUALCOMM INC/DE — Director's Dealing 2010

Dec 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-12-01

Reporting Person: WANG JING (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-01	Common Stock	M	37500	$37.67	Acquired	38955	Direct
2010-12-01	Common Stock	S	37500	$48.0248	Disposed	1455	Direct
2010-12-01	Common Stock	M	30000	$37.99	Acquired	31455	Direct
2010-12-01	Common Stock	S	30000	$48.0248	Disposed	1455	Direct
2010-12-01	Common Stock	M	76666	$35.66	Acquired	78121	Direct
2010-12-01	Common Stock	S	76666	$48.0248	Disposed	1455	Direct
2010-12-01	Common Stock	M	4400	$22.44	Acquired	5855	Direct
2010-12-01	Common Stock	S	4400	$48.0248	Disposed	1455	Direct
2010-12-01	Common Stock	M	6560	$33.02	Acquired	8015	Direct
2010-12-01	Common Stock	S	6560	$48.0248	Disposed	1455	Direct
2010-12-01	Common Stock	M	14800	$33.57	Acquired	16255	Direct
2010-12-01	Common Stock	S	14800	$48.0248	Disposed	1455	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-01	Non-Qualified Stock Option (right to buy)	$22.44	M	4400	Disposed	2013-10-16	Common Stock (4400)	Direct
2010-12-01	Non-Qualified Stock Option (right to buy)	$33.02	M	6560	Disposed	2014-04-15	Common Stock (6560)	Direct
2010-12-01	Non-Qualified Stock Option (right to buy)	$33.57	M	14800	Disposed	2015-04-14	Common Stock (14800)	Direct
2010-12-01	Non-Qualified Stock Option (right to buy)	$35.66	M	76666	Disposed	2018-11-06	Common Stock (76666)	Direct
2010-12-01	Non-Qualified Stock Option (right to buy)	$37.67	M	37500	Disposed	2016-08-31	Common Stock (37500)	Direct
2010-12-01	Non-Qualified Stock Option (right to buy)	$37.99	M	30000	Disposed	2016-10-26	Common Stock (30000)	Direct

Footnotes

F1: Includes 296, 225, 354, 266 & 314 shares acquired under the Company's Employee Stock Purchase Plan on July 31, 2008, January 31, 2009, July 31, 2009, January 31, 2010 & July 31, 2010 respectively.

F2: 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.