QUALCOMM INC/DE — Director's Dealing 2011

Nov 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-11-17

Reporting Person: JACOBS PAUL E (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-11-17	Common Stock	S	3000.0	$56.0303	Disposed	511383.0	Indirect
2011-11-17	Common Stock	S	1533.0	$56.8009	Disposed	509850.0	Indirect
2011-11-16	Common Stock	G	100000.0	$0.0	Acquired	556370.0	Indirect
2011-11-17	Common Stock	J	41987.0	$0.0	Disposed	514383.0	Indirect
2011-11-17	Common Stock	S	3000.0	$56.0303	Disposed	511383.0	Indirect
2011-11-17	Common Stock	S	1533.0	$56.8009	Disposed	509850.0	Indirect
2011-11-15	Common Stock	G	910.0	$0.0	Acquired	517408.0	Indirect
2011-11-16	Common Stock	G	100000.0	$0.0	Disposed	317408.0	Indirect
2011-11-17	Common Stock	J	41987.0	$0.0	Acquired	401382.0	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	25923.0	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 $55.56 to $56.5244. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F3: Securities held by Harlan A. Jacobs, Trustee of The Paul E. Jacobs Grantor Retained Annuity Trust (GRAT).

F4: The sale prices for this transaction ranged from $56.6584 to $57.07. The filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.

F5: 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. The transaction was conducted under a 10b5-1 Plan, as defined under the Securities Exchange Act of 1934, as amended.

F6: Securities held by Harlan A. Jacobs, Trustee of The Stacy R. Jacobs Grantor Retained Annuity Trust (GRAT).

F7: This transaction represents the distribution of shares from Mrs. Stacy Jacobs's GRAT to the Paul and Stacy Jacobs Family Trust Dtd 5/3/2000.

F8: Securities held by Paul E. Jacobs and Stacy Jacobs Trustees for the Paul & Stacy Jacobs Family Trust dtd. 5/3/00.