QUALCOMM INC/DE — Director's Dealing 2011

Feb 11, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: QUALCOMM INC/DE (QCOM)
CIK: 0000804328
Period of Report: 2011-02-09

Reporting Person: PADOVANI ROBERTO (EVP & Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-09	Common Stock	M	42667	$34.83	Acquired	42667	Indirect
2011-02-09	Common Stock	S	42667	$56.166	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-02-09	Non-Qualified Stock Option (right to buy)	$34.83	M	42667	Disposed	2016-11-09	Common Stock (42667)	Direct

Footnotes

F1: Securities held by Roberto Padovani and Colleen A. Padovani Trustees for the Padovani Family Trust dtd. 6/10/96.

F2: The sale prices for this transaction ranged from $56.11 to $56.24. 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.