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QUALCOMM INC/DE Director's Dealing 2010

Sep 28, 2010

10546_dirs_2010-09-28_5043fa88-56a9-400f-ad19-e3da71ec17cb.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: 2010-09-24

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-09-24 Common Stock M 6468 $37.99 Acquired 22133.8661 Direct
2010-09-24 Common Stock S 6468 $44.5 Disposed 15665.8661 Direct
2010-09-24 Common Stock M 10312 $35.66 Acquired 25977.8661 Direct
2010-09-24 Common Stock S 10312 $44.5 Disposed 15665.8661 Direct
2010-09-24 Common Stock M 10000 $22.44 Acquired 25665.8661 Direct
2010-09-24 Common Stock S 10000 $44.5 Disposed 15665.8661 Direct
2010-09-24 Common Stock M 5962 $33.02 Acquired 21627.8661 Direct
2010-09-24 Common Stock S 5962 $44.5 Disposed 15665.8661 Direct
2010-09-24 Common Stock M 6672 $33.57 Acquired 22337.8661 Direct
2010-09-24 Common Stock S 6672 $44.5 Disposed 15665.8661 Direct
2010-09-24 Common Stock M 380 $33.57 Acquired 16045.8661 Direct
2010-09-24 Common Stock S 380 $44.5 Disposed 15665.8661 Direct
2010-09-24 Common Stock M 375 $37.99 Acquired 16040.8661 Direct
2010-09-24 Common Stock S 375 $44.5 Disposed 15665.8661 Direct
2010-09-24 Common Stock M 625 $35.66 Acquired 16290.8661 Direct
2010-09-24 Common Stock S 625 $44.5 Disposed 15665.8661 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-09-24 Non-Qualified Stock Option (right to buy) $22.44 M 10000 Disposed 2013-10-16 Common Stock (10000) Direct
2010-09-24 Non-Qualified Stock Option (right to buy) $33.02 M 5962 Disposed 2014-04-15 Common Stock (5962) Direct
2010-09-24 Non-Qualified Stock Option (right to buy) $33.57 M 6672 Disposed 2015-04-14 Common Stock (6672) Direct
2010-09-24 Non-Qualified Stock Option (right to buy) $33.57 M 380 Disposed 2015-04-14 Common Stock (380) Direct
2010-09-24 Non-Qualified Stock Option (right to buy) $35.66 M 10312 Disposed 2018-11-06 Common Stock (10312) Direct
2010-09-24 Non-Qualified Stock Option (right to buy) $35.66 M 625 Disposed 2018-11-06 Common Stock (625) Direct
2010-09-24 Non-Qualified Stock Option (right to buy) $37.99 M 6468 Disposed 2016-10-26 Common Stock (6468) Direct
2010-09-24 Non-Qualified Stock Option (right to buy) $37.99 M 375 Disposed 2016-10-26 Common Stock (375) 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: Includes 266 shares and 314 shares acquired under the Company's Employee Stock Purchase Plan on January 31, 2010 and July 31, 2010 respectively.

F3: Securities held by Mitchell J. Lederer (UTMA/CA) and James P. Lederer (C/F).

F4: 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).

F5: 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.