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QUALCOMM INC/DE Director's Dealing 2011

Jan 4, 2011

10546_dirs_2011-01-04_c350df9c-6fd2-4bdb-ada5-497b84fb17f8.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: 2010-12-31

Reporting Person: ABERLE DEREK K (Executive Vice President)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-31 Phantom Stock Unit $1 A 2195 Acquired Common Stock (2195) Indirect

Footnotes

F1: The common stock issued under the terms of the Company's Executive Retirement Matching Contribution Plan, a tax conditioned plan, is exempt under Rule 16b-3. The shares are held in a grantor trust and stock is the only permissable form of distribution under the Plan.

F2: The rights awarded under the Company's Executive Retirement Matching Contribution Plan will be eligible for distribution upon termination and vest 100% after 2 years of continuous service with the Company.

F3: The rights awarded under the Company's Executive Retirement Matching Contribution Plan will be eligible for distribution upon termination.