QUALCOMM INC/DE — Director's Dealing 2010

Jun 18, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2010-06-16

Reporting Person: JACOBS IRWIN M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-06-16	Common Stock	J	642874	—	Disposed	7799001	Indirect
2010-06-17	Common Stock	G	1000000	—	Acquired	8799001	Indirect
2010-06-16	Common Stock	J	642874	—	Acquired	6412459	Indirect
2010-06-17	Common Stock	G	1000000	—	Disposed	4412459	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	595.805	Direct
Common Stock	8799001	Indirect

Footnotes

F1: This transaction represents the distribution of shares from Mrs. Jacobs' GRAT to the Jacobs Family Trust.

F2: Securities held by Nicholas S. Oliva, Trustee of the Irwin Mark Jacobs' Grantor Retained Annuity Trust.

F3: Gift to Spouse's Grantor Retained Annuity Trust (GRAT) who shares reporting person's household. The reporting person disclaims beneficial ownership of the shares held by Mrs. Jacobs' GRAT, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.

F4: Securities held by Nicholas S. Oliva, Trustee of the Joan Klein Jacobs' Grantor Retained Annuity Trust.

F5: Securities held by Irwin M. Jacobs & Joan Klein Jacobs as Trustees of the Irwin Mark Jacobs & Joan Klein Jacobs Family Trust UTA dtd 6/2/80, as amended 6/30/92.

F6: The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.