QUALCOMM INC/DE — Director's Dealing 2011

Apr 28, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-04-27

Reporting Person: LEDERER JAMES P (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-04-27	Common Stock	M	542	$43.24	Acquired	10379.7937	Direct
2011-04-27	Common Stock	S	542	$57.7	Disposed	9837.7937	Direct
2011-04-27	Common Stock	M	141	$51.48	Acquired	9978.7937	Direct
2011-04-27	Common Stock	S	141	$57.7	Disposed	9837.7937	Direct
2011-04-27	Common Stock	M	83	$47.35	Acquired	9920.7937	Direct
2011-04-27	Common Stock	S	83	$57.7	Disposed	9837.7937	Direct
2011-04-27	Common Stock	M	333	$44.63	Acquired	10170.7937	Direct
2011-04-27	Common Stock	S	333	$57.7	Disposed	9837.7937	Direct
2011-04-27	Common Stock	M	500	$41.33	Acquired	10337.7937	Direct
2011-04-27	Common Stock	S	500	$57.6401	Disposed	9837.7937	Direct
2011-04-27	Common Stock	M	375	$37.99	Acquired	10212.7937	Direct
2011-04-27	Common Stock	S	375	$57.6401	Disposed	9837.7937	Direct
2011-04-27	Common Stock	M	1250	$35.66	Acquired	11087.7937	Direct
2011-04-27	Common Stock	S	1250	$57.6401	Disposed	9837.7937	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-04-27	Non-Qualified Stock Option (right to buy)	$35.66	M	1250	Disposed	2018-11-06	Common Stock (1250)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$37.99	M	375	Disposed	2016-10-26	Common Stock (375)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$41.33	M	500	Disposed	2017-10-25	Common Stock (500)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$43.24	M	542	Disposed	2018-04-24	Common Stock (542)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$44.63	M	333	Disposed	2017-04-26	Common Stock (333)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$47.35	M	83	Disposed	2018-05-18	Common Stock (83)	Direct
2011-04-27	Non-Qualified Stock Option (right to buy)	$51.48	M	141	Disposed	2016-04-13	Common Stock (141)	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: Securities held by Mitchell J. Lederer (UTMA/CA) and James P. Lederer (C/F).

F3: 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).

F4: 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.