QUALCOMM INC/DE — Director's Dealing 2010

Dec 28, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-12-23

Reporting Person: MOLLENKOPF STEVEN M (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-12-23	Common Stock	M	9334	$16.2	Acquired	35461.1713	Direct
2010-12-23	Common Stock	S	9334	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	9817	$18	Acquired	35944.1713	Direct
2010-12-23	Common Stock	S	9817	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	15500	$22.44	Acquired	41627.1713	Direct
2010-12-23	Common Stock	S	15500	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	10834	$16.47	Acquired	36961.1713	Direct
2010-12-23	Common Stock	S	10834	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	2100	$24.84	Acquired	28227.1713	Direct
2010-12-23	Common Stock	S	2100	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	32000	$33.57	Acquired	58127.1713	Direct
2010-12-23	Common Stock	S	32000	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	20416	$37.99	Acquired	46543.1713	Direct
2010-12-23	Common Stock	S	20416	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	17333	$34.52	Acquired	43460.1713	Direct
2010-12-23	Common Stock	S	17333	$49.786	Disposed	26127.1713	Direct
2010-12-23	Common Stock	M	23800	$33.02	Acquired	49927.1713	Direct
2010-12-23	Common Stock	S	23800	$49.786	Disposed	26127.1713	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-12-23	Non-Qualified Stock Option (right to buy)	$16.2	M	9334	Disposed	2012-04-25	Common Stock (9334)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$16.47	M	10834	Disposed	2013-04-20	Common Stock (10834)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$18	M	9817	Disposed	2012-10-17	Common Stock (9817)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$22.44	M	15500	Disposed	2013-10-16	Common Stock (15500)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$24.84	M	2100	Disposed	2011-10-11	Common Stock (2100)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$33.02	M	23800	Disposed	2014-04-15	Common Stock (23800)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$33.57	M	32000	Disposed	2015-04-14	Common Stock (32000)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$34.52	M	17333	Disposed	2016-07-27	Common Stock (17333)	Direct
2010-12-23	Non-Qualified Stock Option (right to buy)	$37.99	M	20416	Disposed	2016-10-26	Common Stock (20416)	Direct

Footnotes

F1: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F2: The sale prices for this transaction ranged from $49.63 to $49.91. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: 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.